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Small Business and W-2 Job | Does LLC or S Corporation still make sense?

Should your business be taxed as an S Corporation if you also have a job and receive W-2 income? That is the topic of this video. Specifically, I discuss: 1. What taxes you pay as an employee working for an employer? 2. What taxes do you pay as a sole proprietor? 3. What taxes do you pay as an S Corporation? 4. What taxes do you pay when you have a high W-2 wage and you also have a small business taxed as a sole proprietorship? 5. What taxes do you pay when you have a high W-2 wage and you also have a small business taxed as an S Corporation? Take what you learn from this video and ask your legal or tax professional all of your specific questions. If you want to contact me, my information is below. If you learned something from this video, please like and subscribe and follow me on my various social media handles below. If you would like to contact me with a specific question, please visit my website or leave me a comment. Website: https://www.navimarajcpa.com Email: [email protected] Phone: (561) 318-0232 Instagram:   / navimarajcpa   LinkedIn:   / navimarajcpa   Twitter:   / navimarajcpa   Facebook:   / navi-maraj-cpa-pllc-107003020774608   This video was created for informational purposes and it is not to be construed as legal and tax advice specific to your unique situation. © Navi Maraj CPA PLLC. All rights reserved. #LLC #SCorp #Taxes