🚨 Business Owners: Do This BEFORE 2024 To Reduce Your Taxes

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  • Опубліковано 12 гру 2024

КОМЕНТАРІ • 25

  • @josephinebardot8403
    @josephinebardot8403 7 місяців тому

    Great video! Some key points were highlighted that I hadn't heard anyone else discuss. Thank you!

  • @SweetLove86761
    @SweetLove86761 Рік тому +5

    You guys are so informative I've learned so much from your channel ❤

    • @LYFEAccounting
      @LYFEAccounting  Рік тому +1

      Thank you, we're happy to be a resource for you.

  • @TirraOmilade
    @TirraOmilade 8 місяців тому

    Here because Uncle Sam just showed up at my door. Lol Watching now to avoid this next year!

  • @hashirkhanllc
    @hashirkhanllc Рік тому +2

    HEY first of all thank you very much for these type of informationl videos and the way u teaches is awesome. Just one request if you can make a video on ecommerce like US or non-US residents who form LLC's and then do ecommerce on that like amazon fba wholesale. Which type of taxes will they pay as an LLC owner doing e commerce on that LLC.

  • @JustPhil-yw6bt
    @JustPhil-yw6bt Рік тому +2

    Another great video. Keep it up!

  • @Aman-rp7yj
    @Aman-rp7yj Рік тому +1

    What an excellent video!

  • @HouseofSamiah
    @HouseofSamiah Рік тому

    Thank you beautiful for your wisdom and sharing it !

  • @CC-ip3ve
    @CC-ip3ve Рік тому +1

    If you reduce your total income, wouldn't you then have to reduce your distributions as an S-corp, to make the wages to distributions ratio balance accordingly?
    Maybe I'm uncertain how wages and distributions work exactly.

  • @madstarr2
    @madstarr2 Рік тому

    All good info for Business Owners. How about doing a video like this for W2 workers.

  • @JulianoGSF
    @JulianoGSF Рік тому

    Good information

  • @invictus_1511
    @invictus_1511 Рік тому +1

    How can you save upwards of 300k a year to save on taxes??

  • @Ed-xo7mr
    @Ed-xo7mr 11 місяців тому

    If I buy a home and rent out my basement is there any tax deduction?

  • @AdeAde0224
    @AdeAde0224 Рік тому

    Great video

  • @JulianoGSF
    @JulianoGSF Рік тому

    Please provide more information on the 300k retirement savings

  • @Top_Geezy
    @Top_Geezy Рік тому

    Can you make a video on what taxes a llc owner pays each month

  • @laluetperez
    @laluetperez Рік тому +1

    With this said, what are the thoughts on Grants?

    • @Fakky854
      @Fakky854 Рік тому

      Hello friend, do you really need solutions to your financial life? Because this video was not helpful at all when I exhausted the steps but it didn't work, not until *BRANDYJAMESTX* was recommended to me a great hero

  • @S_Kane
    @S_Kane Рік тому +1

    0:05 i will

  • @jamescrenshaw5097
    @jamescrenshaw5097 Рік тому

    On the waiting until the new year to deposit a check you received, isn’t this the doctrine of constructive receipt? If you have delivered the goods or provided the service, and have been paid by check before year-end, I thought it is income at that point

    • @mtigress4589
      @mtigress4589 Рік тому

      It is income when received. He gave terrible advice that could get someone in trouble in the future.

  • @AilaK_
    @AilaK_ Рік тому

    Long shot but do you know of anyone looking for a serious hard working employee for a remote job that I can send my resume to? I have over 15 years customer service experience, over 10 years call center roles and over 3 years working remotely

  • @samantha.almonte
    @samantha.almonte Рік тому

    Invest in your business to elevate it! I design modern websites.

  • @LeonardJohnson-t5l
    @LeonardJohnson-t5l 10 місяців тому

    Quran the prophet Idris

  • @emailtize
    @emailtize Рік тому +1

    What if the biz made profit but there’s no more cash in the bank? 😅