Tag's: tax planning

How To Fill Out W4 To Minimize Tax Liabilities

If you're a business owner and you have a business that does not have sole proprietorship, so in other words, you're a corporation or s-corp, you might pay yourself a salary. In other words, you are in payroll if you're an active member of your business. When you put yourself on payroll, how do you know how much to withhold? And not only that, you might just have a part-time
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QBI Deduction Review For Real Estate Professionals – 2018 Tax Planning

Today, I'm talking about... Hello there. Are you a real estate professional? Have you heard about the Qualified Business Income Deduction? Are you wondering if that applies to you in your real estate? If you're a real estate professional and you have questions about a Qualified Business Income deduction, you'll want to stay tuned and listen to this presentation. For real estate taxpayers, the IRS issued a safe harbor on
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2018 Tax Strategies For Self Employed Earning Less Than $350K

Are you an entrepreneur making less than $350,000 dollars? Today, I talk tax strategies he can use to reduce taxes on your 2018 tax return.Previously I talked about entrepreneurs who make less than a $100,000. Even if you make above that amount, I do recommend you watch that video because there are some things you can learn. In this video I specifically talk about situations in addition to that. That might limit
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2018 Tax Planning Savings Tip For Business Earning Less Than $100k Annually

Are you an entrepreneur making less than 100,000? Well, today I'll be talking about tax strategies you can use in your 2018 taxes to help you save money.Let us talk about your 2018 tax planning. It's almost end of the year. It's time for you to start thinking about this. This episode right here is just dedicated to entrepreneurs making less than $100,000. So, if you're making more than that they'll be other
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Tax Planning – Pat Flynn Case Study

Tax Planning - Pat Flynn Case Study No one can deny the importance of tax planning when it comes to wealth management. Taxes are the greatest consumer of wealth. Take for instance Pat Flynn. Pat Flynn is a well-known internet entrepreneur who posts his income report every month.  In 2009 Pat Flynn had a net income of $178,649. If Pat did no tax planning he would have paid approximately $48,250 in federal taxes.&
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