CSI Accounting & Payroll
CSI Accounting & Payroll
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23% Sales Tax: Could the Fair Tax Act Change America Forever?
Imagine a world without the IRS, income taxes, or payroll taxes-but with a bold 23% national sales tax. The Fair Tax Act is making waves in 2025, proposing the most radical tax reform in modern U.S. history.
Discover how this proposal could reshape the American economy and your wallet. Is it the revolution taxpayers need or a risky gamble?
In this video, we break down:
✅ How the Fair Tax Act works (monthly prebates, IRS abolishment, and more)
✅ Who benefits and who might face challenges under this new system
✅ The heated debates from supporters and critics alike
✅ The likelihood of this actually happening
Subscribe for more insights on tax policies, small business tips, and financial strategies.
👉 Visit our website to learn how monthly accounting can help your business thrive: www.csiaccounting.com/
👉 Schedule a Free Consultation: www.csiaccounting.com/schedule-a-consultation
👉 Download Our Small Business Accounting Kit: www.csiaccounting.com/small-business-accounting-kit-download?hsCtaAttrib=161165521023
👉 Get a Free Quote With Our Pricing Calculator: www.csiaccounting.com/pricing-calculator
#FairTaxAct #NationalSalesTax #BuddyCarter #TaxReform2025 #FairTaxExplained #23PercentTax #AbolishIRS #FederalTaxReform #TaxPolicyDebate
Переглядів: 90

Відео

Big-Box Bookkeeping Failures: Time to Rethink Your Options
Переглядів 3416 годин тому
👉 Schedule a Free Consultation: www.csiaccounting.com/schedule-a-consultation 👉 Download the Small Business Accounting Kit: www.csiaccounting.com/small-business-accounting-kit-download?hsCtaAttrib=161165521023 👉 Use Our Pricing Calculator: www.csiaccounting.com/pricing-calculator 💼 Visit us to learn more about our services: www.csiaccounting.com/ The recent uncertainty surrounding Bench Account...
2025 Tax Updates: What Every Business Owner Needs To Know
Переглядів 67День тому
2025 has arrived, and with it comes significant tax law updates that business owners need to know. In this video, we’ll break down 7 confirmed changes, including higher 401(k) contribution limits, adjusted tax brackets, and estate tax updates. Plus, we’ll touch on speculated changes that could impact your financial strategy. 📌 Key Topics Covered: - 401(k) and retirement savings changes - New ta...
Tax Write-Offs Explained: What Every Business Owner Must Know
Переглядів 4721 день тому
Tax write-offs can be confusing, but they don’t have to be! In this video, Tyler Johnson, a tax expert, breaks down what tax write-offs are, how they work, and why they’re important for business owners. We’ll cover the basics, debunk common myths, and share simple tips to help you save money on your taxes. Whether you’re new to managing business expenses or looking for ways to reduce taxable in...
How Our Firm Brings Holiday Cheer: Adopt-a-Family Program 🎄
Переглядів 15Місяць тому
🎄 Spreading Love & Joy Through Our Adopt-a-Family Program This holiday season marks the second year of CSI Accounting & Payroll’s cherished tradition: the Adopt-a-Family program. Together, our team has worked to provide gifts, love, and hope to two families in need. 💕 In this video, we share: ✅ How the program began and its impact on our firm ✅ The story behind the gifts and our volunteer spiri...
Hiring an Accounting Firm: What Small Business Owners Should Expect
Переглядів 41Місяць тому
Hiring an Accounting Firm: What Small Business Owners Should Expect
Macy’s $151M Mistake: 3 Lessons Small Business Owners Can Learn
Переглядів 65Місяць тому
Macy’s $151M Mistake: 3 Lessons Small Business Owners Can Learn
6 Steps Every New Business Owner Must Know - Are You Ready?
Переглядів 62Місяць тому
6 Steps Every New Business Owner Must Know - Are You Ready?
How Auto Repair Shops Can Raise Fees Without Losing Clients
Переглядів 53Місяць тому
How Auto Repair Shops Can Raise Fees Without Losing Clients
Corporate Transparency Act on Hold: What’s Next for Your Business?
Переглядів 339Місяць тому
Corporate Transparency Act on Hold: What’s Next for Your Business?
Working with CSI: Why Bundle Payroll & Accounting Services?
Переглядів 4Місяць тому
Working with CSI: Why Bundle Payroll & Accounting Services?
Working with CSI: Who's a Good Fit for Our Services?
Переглядів 1Місяць тому
Working with CSI: Who's a Good Fit for Our Services?
Working with CSI: Monthly Accounting Explained
Переглядів 9Місяць тому
Working with CSI: Monthly Accounting Explained
Working with CSI: Getting Started
Переглядів 6Місяць тому
Working with CSI: Getting Started
Working with CSI: Introduction
Переглядів 3Місяць тому
Working with CSI: Introduction
Why Accounting Services Cost What They Do (And How to Pay Less)
Переглядів 18Місяць тому
Why Accounting Services Cost What They Do (And How to Pay Less)
DIY Accounting for Small Businesses: Smart Move or Costly Mistake?
Переглядів 372 місяці тому
DIY Accounting for Small Businesses: Smart Move or Costly Mistake?
Trump vs. Harris: Which Tax Plan Works Best for Your Business?
Переглядів 2562 місяці тому
Trump vs. Harris: Which Tax Plan Works Best for Your Business?
Overtime Exemption Rules Are Changing - Are You Ready?
Переглядів 5153 місяці тому
Overtime Exemption Rules Are Changing - Are You Ready?
Already Doing Payroll? Here’s Why You Still Need a Specialist.
Переглядів 343 місяці тому
Already Doing Payroll? Here’s Why You Still Need a Specialist.
Accountant Reacts to Funny Tax Memes
Переглядів 923 місяці тому
Accountant Reacts to Funny Tax Memes
Trump & Harris Agree: No Taxes on Tips - What This Means for Businesses & Employees
Переглядів 3683 місяці тому
Trump & Harris Agree: No Taxes on Tips - What This Means for Businesses & Employees
Which States Mandate Retirement Plans for Small Businesses?
Переглядів 574 місяці тому
Which States Mandate Retirement Plans for Small Businesses?
LLC vs. S-Corp: Which Is Better for Your Business?
Переглядів 354 місяці тому
LLC vs. S-Corp: Which Is Better for Your Business?
How to Read and Utilize Financial Statements | A Guide for Small Business Owners
Переглядів 714 місяці тому
How to Read and Utilize Financial Statements | A Guide for Small Business Owners
Cash Flow Management Tips for Small Business
Переглядів 604 місяці тому
Cash Flow Management Tips for Small Business
Why Are Financial Statements Important for Small Businesses?
Переглядів 134 місяці тому
Why Are Financial Statements Important for Small Businesses?
Home Office Deduction Explained
Переглядів 244 місяці тому
Home Office Deduction Explained
Why Report Cash Tips? The Importance for Employees and Employers
Переглядів 914 місяці тому
Why Report Cash Tips? The Importance for Employees and Employers
Feeling Stuck? Here's How to Grow Your Small Business
Переглядів 345 місяців тому
Feeling Stuck? Here's How to Grow Your Small Business

КОМЕНТАРІ

  • @tonysysejko2119
    @tonysysejko2119 2 години тому

    How about a 23% in crease in ssi increses would bring the poor out of slite poverty.living 134% below poverty level is not easy now 23% increase in tax .how about a manditory 23% tax charge off house purches.

  • @stewart967
    @stewart967 14 годин тому

    Explain how the calculation for social security occurs so that those who earn more and therefore contribute more to social security will receive a higher monthly payout as they do today when they retire?

    • @CSI-Accounting-and-Payroll
      @CSI-Accounting-and-Payroll 11 годин тому

      Good question, the Fair Tax Act doesn’t fully explain how benefits would stay tied to earnings. It’s possible they could still track lifetime earnings to calculate benefits like today, or they might move to a flat or less earnings-based system funded entirely by sales tax.

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 20 годин тому

    What are your thoughts on the Fair Tax Act and the 23% national sales tax? Let us know! Subscribe to our channel for more tax law updates and small business advice! www.youtube.com/@CSI-Accounting-and-Payroll

  • @jaysanchez2
    @jaysanchez2 День тому

    Let see as a carpenter you would pay 23% or more on tools and lumber and then you would pass on the cost to the consumer, how much would that overall increase? That’s not even mentioning you would throw out the tax code on prepared vs non prepared groceries. This would be a mess forsure

  • @dkdj5
    @dkdj5 День тому

    It will kill sales. Period!

  • @mattmilkie5847
    @mattmilkie5847 День тому

    All taxation, is theft.

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 2 дні тому

    💼 Visit us to learn more about our services: www.csiaccounting.com/

  • @anthony.nunya.bizness
    @anthony.nunya.bizness 2 дні тому

    That is what as known as a regressive tax. No thank you. I’m not rich.

  • @daveS84
    @daveS84 3 дні тому

    Every one making less than $100k will hurt if this is implemented. Especially those in the first two tax brackets.

    • @CSI-Accounting-and-Payroll
      @CSI-Accounting-and-Payroll 2 дні тому

      A monthly prebate for lower income families is part of this proposal, meant to offset the 23% sales tax. How much this will actually help... we don't know. In all honestly it's not very likely something like this will be passed anyway. At least not any time soon.

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 3 дні тому

    No IRS, no income tax-just a 23% sales tax. Could the Fair Tax Act really work, or is it too risky? Share your thoughts below!

  • @IlonaJosiane
    @IlonaJosiane 4 дні тому

    Thanks for the new video! I’m looking forward to seeing what other content you post. Always good to learn as much as possible!

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 7 днів тому

    💡 Have questions about accounting or payroll costs? Drop them in the comments below! Or schedule your FREE financial review today to see how we can help improve your business finances. 👉 Schedule a Free Consultation: www.csiaccounting.com/schedule-a-consultation 👉 Download the Small Business Accounting Kit: www.csiaccounting.com/small-business-accounting-kit-download?hsCtaAttrib=161165521023 👉 Use Our Pricing Calculator: www.csiaccounting.com/pricing-calculator 💼 Visit us to learn more about our services: www.csiaccounting.com/

  • @KingHappyDayProductions
    @KingHappyDayProductions 7 днів тому

    It's also considered proof of income when applying for a loan of any kind through a bank.

    • @CSI-Accounting-and-Payroll
      @CSI-Accounting-and-Payroll 6 днів тому

      Great point! A lot of people who earn cash tips don't see the upside to reporting them, but the reasons are definitely there. This can be a big one.

  • @stephanmoney7493
    @stephanmoney7493 7 днів тому

    I work at Amazon working 20 hours a week .I'm I excepted or no?

    • @CSI-Accounting-and-Payroll
      @CSI-Accounting-and-Payroll 6 днів тому

      No, you're not exempt. Unless you're paid a salary rather than hourly, and earn at least $684 per week.

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 7 днів тому

    What do you think about the shake-up at Bench Accounting? Does this highlight important differences between big-box and small business? Let us know! 👉 Schedule a Free Consultation: www.csiaccounting.com/schedule-a-consultation 👉 Download the Small Business Accounting Kit: www.csiaccounting.com/small-business-accounting-kit-download?hsCtaAttrib=161165521023 👉 Use Our Pricing Calculator: www.csiaccounting.com/pricing-calculator 💼 Visit us to learn more about our services: www.csiaccounting.com/

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 10 днів тому

    🚨 Tax Changes for 2025! 🚨 We’re breaking down 7 confirmed updates, like higher 401(k) contribution limits, adjusted tax brackets, and estate tax exclusions, PLUS some speculated changes like the QBI deduction extension and bonus depreciation phase-out. 💡 Learn More About CSI Accounting & Payroll: www.csiaccounting.com/ 👉 Schedule a Free Consultation: www.csiaccounting.com/schedule-a-consultation 👉 Download the Small Business Accounting Kit: www.csiaccounting.com/small-business-accounting-kit-download?hsCtaAttrib=161165521023 👉 Use Our Pricing Calculator: www.csiaccounting.com/pricing-calculator 📢 Question for You: What tax change are you most concerned about? Let us know in the comments-our team is here to help! 👇

  • @pattyl.3290
    @pattyl.3290 16 днів тому

    Good Video.👍

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 20 днів тому

    Thanks for tuning in! Have questions about tax write-offs or need clarity on your specific situation? Drop a comment below-we’d love to help. If you’re looking for expert support, we’re here for you. Don’t forget to subscribe for more straightforward finance advice! www.csiaccounting.com/ www.youtube.com/@CSI-Accounting-and-Payroll

  • @FrelanceeTania
    @FrelanceeTania 29 днів тому

    Hello friend! How are you? I am your friend on UA-cam. I watch your videos. I like your videos. I visit your website. My name is Tanya. I provide digital marketing service. If you want, I want to SEO your video. If you do video SEO, your subscribe will grow, your views will increase.

  • @AmitJessia
    @AmitJessia Місяць тому

    Great content, as always! I need some advice: My OKX wallet holds some USDT, and I have the seed phrase. (alarm fetch churn bridge exercise tape speak race clerk couch crater letter). Could you explain how to move them to Binance?

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    This was a super fun event for us - and it feels good to spread some holiday cheer!

  • @bitblazer1
    @bitblazer1 Місяць тому

    why didnt the auditors catch this?

    • @CSI-Accounting-and-Payroll
      @CSI-Accounting-and-Payroll Місяць тому

      It does raise questions about oversight. Macy’s has said they’re tightening internal controls after this, but specifics haven’t been fully detailed yet. It looks like the employee’s actions flew under the radar for years. Even well-established systems can have blind spots. This is a reminder for all businesses to regularly review and update their processes to catch potential issues before they grow into major problems.

  • @michaelmann6290
    @michaelmann6290 Місяць тому

    That employee is Indian. Kings of shady accounting.

  • @prodima3
    @prodima3 Місяць тому

    Just hearing about it from this short video and no other context. Seems like he made a honest mistake and then instead of coming clean tried to downplay it

    • @CSI-Accounting-and-Payroll
      @CSI-Accounting-and-Payroll Місяць тому

      Exactly-it’s wild how a small mistake can spiral into something massive when it’s not addressed early. For Macy’s, it turned into a $151 million accounting disaster. It’s a good reminder for any business, big or small, that even minor errors can snowball if they’re ignored or covered up. Catching and fixing issues early, no matter how small they seem, can save a lot of trouble down the line.

    • @user-ss5rl1zf7g
      @user-ss5rl1zf7g Місяць тому

      ​@@CSI-Accounting-and-Payroll you really just asked chat gpt how to respond to that comment. Insane lmfao.

    • @CSI-Accounting-and-Payroll
      @CSI-Accounting-and-Payroll Місяць тому

      Haha it does sound like it a little bit - but we like to respond ourselves. Just trying to relate this story to small businesses and lessons that can be learned.

    • @user-ss5rl1zf7g
      @user-ss5rl1zf7g Місяць тому

      @@CSI-Accounting-and-Payroll you can't think people are that stupid lol

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    💼 Ready to start your business journey the right way? Follow these must-know tax steps and set your small business up for success! 🚀 Got questions about EINs, LLCs, or S-Corps? Drop them below ⬇️ - we’re here to help! 👉 Subscribe for more small business tips and tax advice from CSI Accounting: www.youtube.com/@CSI-Accounting-and-Payroll

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    Does hiring an accounting firm feel like a daunting task? It doesn't have to. Conversations are free, and most accountants are happy to help. Reach out today and get started! www.csiaccounting.com/schedule-a-consultation

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    What do you think about this massive scandal? Subscribe to our channel for more updates on the accounting industry!

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    💬 What’s your biggest challenge when it comes to managing your business finances? Share in the comments below-we’d love to hear from you! 👉 Want to avoid costly accounting mistakes? Visit our website to learn more about our monthly accounting services: www.csiaccounting.com/ 🔔 Subscribe for more tips on protecting your business finances and running a smarter, safer business!

  • @edgardo299
    @edgardo299 Місяць тому

    Thank you so much.

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    💡 Starting a business can feel overwhelming, but planning makes all the difference! 🔑 Key takeaway: The best way to pay zero taxes? Don’t make any money-but making money is a GOOD thing! 🎉 🚀 What’s your biggest challenge as a new business owner? Share your thoughts below-let's tackle them together! 👇 👉 P.S. Don’t forget to grab our FREE Small Business Accounting Kit www.csiaccounting.com/small-business-accounting-kit-download! 📦

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    🚗 Want to Raise Your Auto Shop Fees Without Losing Customers? Download our FREE Auto Repair Pricing Matrix and take control of your shop’s profitability today! 👉 Click Here to Get It Now! www.csiaccounting.com/matrix-pricing-templates-for-auto-repair-shops Have questions? Drop them below-we’re here to help your business thrive! 💬

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    🚗 Want to Raise Your Auto Shop Fees Without Losing Customers? Download our FREE Auto Repair Pricing Matrix and take control of your shop’s profitability today! 👉 Click Here to Get It Now! www.csiaccounting.com/matrix-pricing-templates-for-auto-repair-shops Have questions? Drop them below-we’re here to help your business thrive! 💬

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    What do you think, business owners? Are you celebrating or still skeptical? Let us know!

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    What do you think? Is this good news, or are you still skeptical? Let us know!

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    What do you think, business owners? Are you celebrating or still skeptical? Let us know!

  • @sanfs143
    @sanfs143 Місяць тому

    With EA, you can represent clients throughout the US and the world if your clients are residents of the United States. CPA you only license for that specific State. Big difference to me!

    • @CSI-Accounting-and-Payroll
      @CSI-Accounting-and-Payroll Місяць тому

      You're absolutely correct that there are differences in how EAs (Enrolled Agents) and CPAs (Certified Public Accountants) are licensed and operate. EAs can represent clients across the U.S. and internationally without being tied to a specific state, while CPAs are licensed at the state level. That distinction matters in some cases-especially for individuals or businesses with complex, multi-state, or international needs. That said, we’re focusing on small business owners and whether the choice between an EA or CPA makes a meaningful difference for them. In most cases, the right accountant-whether an EA or CPA-comes down to their expertise, experience, and whether they truly understand the needs of your business. A great small business accountant knows how to handle your specific tax, payroll, and bookkeeping challenges and ensures compliance while helping you save time and money. The title is important, but the fit for your business is what matters most!

    • @sanfs143
      @sanfs143 Місяць тому

      @CSI-Accounting-and-Payroll Agreed 100%

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    Subscribe for more small business tax updates! www.youtube.com/@CSI-Accounting-and-Payroll

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll Місяць тому

    Subscribe to our channel for weekly updates on all things payroll, accounting and taxes! www.youtube.com/@CSI-Accounting-and-Payroll

  • @dmitryr1223
    @dmitryr1223 2 місяці тому

    shave your kneck dude, youre an accountant!!!!!!!!!!!!!!!!!

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 2 місяці тому

    Subscribe to our channel for weekly updates on all things payroll, accounting and taxes! www.youtube.com/@CSI-Accounting-and-Payroll

  • @Orion_Arts
    @Orion_Arts 2 місяці тому

    Thx. Kamala supporter's dont know what theyre voting for so someone needs to tell them.

  • @Mark-v7t
    @Mark-v7t 2 місяці тому

    Why did you leave out taxing potential income tax?

    • @hellstromcarbunkle8857
      @hellstromcarbunkle8857 2 місяці тому

      Better still, why leave out the regressive taxation called TARIFF on everything. 20% taxes?

  • @seanmfeeney
    @seanmfeeney 2 місяці тому

    except she lies about it

    • @hellstromcarbunkle8857
      @hellstromcarbunkle8857 2 місяці тому

      False.

    • @maxwolf2726
      @maxwolf2726 2 місяці тому

      Wow you are so full of crap you keep on listening to Trump's BS a delusional swamp rat Trump is not your savior moron he's just trying to stay out of prison

  • @Enders90
    @Enders90 2 місяці тому

    That’s 28% for those who make more than 100 million. Come on bro stop telling half truths

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 2 місяці тому

    Subscribe for more small business tax updates! www.youtube.com/@CSI-Accounting-and-Payroll

  • @CSI-Accounting-and-Payroll
    @CSI-Accounting-and-Payroll 2 місяці тому

    Subscribe for more small business tax updates! www.youtube.com/@CSI-Accounting-and-Payroll

  • @JustRollin
    @JustRollin 2 місяці тому

    My company has supervisors with a base salary much higher and they earn overtime and double time if 7 days is worked.

    • @CSI-Accounting-and-Payroll
      @CSI-Accounting-and-Payroll 2 місяці тому

      That’s a solid setup! Paying overtime and double time on top of a high base salary sounds like a great way to keep supervisors motivated. Just make sure it’s all in line with labor laws since overtime eligibility for salaried employees can vary. Always good to stay on top of compliance!

  • @erintrask2161
    @erintrask2161 2 місяці тому

    Fuc small business. They always shoddy af a poor service most of time

  • @Kagemusha320
    @Kagemusha320 3 місяці тому

    stop being lazy and pay the overtime. jeez

  • @SemperFi-MAGA
    @SemperFi-MAGA 3 місяці тому

    Her " Plan" will destroy the country! GOD SAVE AMERICA!!! TRUMP 2024!!!