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3 S Corporation Tax Strategies Explained

If you’re like me, then you’re interested in how you can keep more of the money you make. So get ready - here are 3 straightforward S Corporation tax strategies explained that you need to take advantage of ASAP! I provide tax tips and resources to help you keep the most of your money from your business. So go ahead and browse the tax strategy videos I already have up and, after you subscribe, hit that bell icon so you don’t miss any future money-making tax strategies. ☎️ Schedule your FREE Tax Strategy Call - https://www.TaxPlanningCall.com/ ➡If you make $10 Million or more in your business: Schedule your call here: ☎ https://bit.ly/43I3wo4 🤑 Gusto Payroll Software - https://gusto.com/r/boris466 P.S. When you sign up for Gusto, you get a $100 visa gift card Related Videos: 💰Owner Compensation Tax Strategy - https://bit.ly/3akZiLx 🏡 Real Estate Deprecation Tax Strategy - https://bit.ly/3t6jA1M 🌟 SERP IRA vs. SOLO 401k - https://bit.ly/3z9qmHW *Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your own attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only. 00:00 Introduction 00:18 What is S-Corp 01:33 What is the purpose of your S-Corp Entity? 04:13 Dividend distributions 05:44 Accountable Plan Tax-FREE Reimbursement 10:40 Kids on payroll = $12,950 deduction 13:56 Fringe benefits for S-Corp Owners... 16:02 Section 127 tuition reimbursement under CARES ACT 19:25 Tax Planning vs. Tax Preparation