LLC & Taxes! What 90% of Barbers Don't Know About WEALTH!

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  • Опубліковано 10 січ 2025

КОМЕНТАРІ • 94

  • @Bossiocuts
    @Bossiocuts  4 роки тому +111

    Knowledge is power. Love y’all, let’s grow!!!

    • @PoloBlendz
      @PoloBlendz 4 роки тому

      Facts, keep growing bro

    • @Andrewthenext
      @Andrewthenext 4 роки тому +2

      Applied knowledge is !

    • @magfadez
      @magfadez 4 роки тому

      🙏🏼bless up Chris !! Just subscribed to your other Channel! Blessing all of us with great knowledge

    • @ball1nalb0
      @ball1nalb0 4 роки тому

      Whats going on with the compressor man? Been ordered two months now no word........

    • @CarterMusicEnt
      @CarterMusicEnt 3 роки тому

      💪💙💙💙💙💙💙

  • @Hmura11
    @Hmura11 4 роки тому +46

    Only barber out here that is helping people overall, not just how to get the beste cut but also about finance and alot more. Thank you chris 🙌🙏

  • @tilltheend17
    @tilltheend17 4 роки тому +9

    Facts and good knowledge here... bout to graduate with that accounting degree and work on getting being a CPA to help out all the barbers out here! There is real value in partnering or building a relationship with an accountant if you’re serious about your business!!!

  • @luisolivares9464
    @luisolivares9464 2 роки тому +2

    You're giving away free game bro, thankyou so much! You're also one of the reasons I'm now in barber school, thanks Bossio.

  • @christopherbrown6911
    @christopherbrown6911 3 роки тому +2

    This is Chris Brown at Razor Sharp Hair Creations. Bossio thanks so much for the positivity and the info. Gonna do that S Corp fo sho. Blessing to you bro! Keep those awesome cutz and education jumping!

  • @bonnielizarraga2430
    @bonnielizarraga2430 Рік тому

    Thank you as a businesswoman I have learned the hard way, but videos like this help me a lot

  • @massterrbarber
    @massterrbarber Рік тому

    Facts co mingling funds is a major problem for anyone who has an llc and if the irs or the people who are suing them find out that you are putting your money 💰 into your personal account or vice versa they can now go after your personal accounts and business accounts and that is why you must pay the business to the business or if you take out the business to use for personal purposes . This is very strong 💪 content and has to be taken very seriously.

  • @onlyoneromeo
    @onlyoneromeo 4 роки тому +2

    Finally someone who describes in depth and detail what piercing the corporate vail is and how it works.

  • @GoodJob_Kwad
    @GoodJob_Kwad Рік тому

    Love these financial/educational type of videos they’re timeless!!

  • @frankwhite3148
    @frankwhite3148 4 роки тому +2

    Playboy... Love it. Knowledge is power in every aspect of life. That's why I tell my kids to read. No cable in this house. Just Internet for information they need. Don't get me wrong, they live a good life and we see movies together and but its all about getting them ready for life. LOCKED IN PLAYBOY... LOVE THESE VIDS... YOU GOT TO SHOW THEM HOW YOU STRUGGLE TO KEEP THAT CASH COMING IN. NEVER QUIT. NEVER SURRENDER. KEEP THEM COMING.... 💯

  • @Jameswalterss7
    @Jameswalterss7 3 роки тому +1

    Wow this is a total game changer I keep hearing about LLC this a Corp that and I have no clue what the heck either one of them so thank you I might have to watch this video a few more times and I’m already growing up some creative questions for my CPA thank you again.

  • @edwardlopez8722
    @edwardlopez8722 2 роки тому +1

    I have 0 financial education and want to start barbering this helps soo much!

  • @j.o8707
    @j.o8707 4 роки тому +1

    Not even a barber but I appreciate the general wealth knowledge especially in the first few videos. Learning to build a side business as a personal trainer and some of the concepts from these still carry over. Keep it up dude

  • @nicholasrodriguez2581
    @nicholasrodriguez2581 10 місяців тому

    My brother owns a few barber shops , but he won't share his knowledge with me. My brother is a shrewed evil business dude. But, I'm learning a lot on your information. Thanks

  • @1guey
    @1guey 3 роки тому

    bossio very appreciative bro you don’t know how much

  • @shaunallencuts
    @shaunallencuts 3 роки тому +1

    I know this was 9 months ago but bro...😱you blessed my life. Thank you...I needed help on paper trails and organizing my finances. 💯

  • @jamesduncan37
    @jamesduncan37 3 роки тому

    This is pure nuggets, Brah!!!! where have you been all my life?

  • @kendrickcarter5909
    @kendrickcarter5909 Рік тому

    This is great bro!

  • @obrothers6472
    @obrothers6472 2 роки тому

    I really appreciate these gems brother!!!! Thank you

  • @the86driver
    @the86driver 4 роки тому

    Idk how I missed this video. But let's go. Dropping gems as usual bossio

  • @henrydabarber
    @henrydabarber 11 місяців тому

    This is very informative ‼️

  • @dominic636
    @dominic636 4 роки тому +1

    Keep doin your thing champ!!! Much respect on the wealth content✊🏾

  • @TheSoldierBarberLife
    @TheSoldierBarberLife 3 роки тому

    Love these type of videos. Growing all 2021!

  • @sandrasullivan6095
    @sandrasullivan6095 Рік тому

    Eye opening! For sure

  • @dominicgalindo987
    @dominicgalindo987 4 роки тому

    Appreciate the free game brotha 💯🧿 Keep killing it,

  • @whatsinthebox8035
    @whatsinthebox8035 3 роки тому

    Awesome Information 👊🏼Taking Barbers to Another Level 🙏🏼

  • @180K-d6d
    @180K-d6d 4 роки тому

    You a real one for this !

  • @nickgomez8125
    @nickgomez8125 День тому

    My guy this is so crazy that you are thinking the same way as others and helping out in this way. But uncle sam is gonna get his regardless of all the fact check you'll get in these comments from everyone. We as self employed people gotta figure out the LLC and s-corp situation and there's a lot of knowledge out there on both these subjects. We just gotta do like the rich people and make are money work for us in order to build and grow

  • @mikescissorhands2003
    @mikescissorhands2003 10 місяців тому

    Great video!!! Thank you.🙏🏾

  • @davidwalker2144
    @davidwalker2144 3 роки тому +1

    an old man told me that the social media would be the downfall of all mankind
    Years later I think he may have been right!

  • @morarch7
    @morarch7 4 роки тому

    Excellent info per usual thanks for your great content!

  • @MikeWillBlendIt
    @MikeWillBlendIt 4 роки тому +1

    Thanks so much for the info bro I’m getting ready to graduate barber school and this video helped out a lot 🙏🏾

  • @giogonzo1111
    @giogonzo1111 2 роки тому

    Bossio da goat

  • @barberfg33
    @barberfg33 4 роки тому

    Thx Chris I have learned a lot with this!

  • @marcuswilliams6966
    @marcuswilliams6966 3 роки тому

    Thank you for this !!

  • @user12_58
    @user12_58 4 роки тому

    Yea bro I watched every single video that you dropped on bossio wealth. It’s good learn more

  • @davidrivera6627
    @davidrivera6627 4 роки тому +3

    Bossio, thank you again. I am a traveling technician that cuts hair as a side hustle. I am going to buy the books and trying to apply the science you're dropping on us. My side business makes pretty good money but I am not a license Barber. I will do some more research to make sure that I am within my rights. Don't need the man on my back.😉

    • @petermackx310
      @petermackx310 4 роки тому

      I’m with you on this one brotha! I do too cut hair as a side hustle but not a license barber. Hopefully bossio could help us on this one 💯

  • @PoloBlendz
    @PoloBlendz 4 роки тому +1

    Yeah bro already watched all the videos in the Bossio Builds Wealth channel and I've went in some of the lives there too. Definitely learned a lot and agree to what you're saying bro, you definitely deserve more subs on that other channel!!! Hopefully u do some lives soon!!! Keep going bro, you're my favorite barber 👌🏽💪🏽💯🔥

  • @livelyfe9592
    @livelyfe9592 Рік тому

    Damn it’s 2023…. Great video anyway

  • @kniik-knaak
    @kniik-knaak 4 роки тому

    Omg, so much info. Easy and hard to understand, I hate that I dont kno this stuff

  • @nicolasaguayo6148
    @nicolasaguayo6148 2 роки тому

    I have read a few rich dad books but never the tax free one. Will check it out! Good video. Any chance you can share if you do you own bookkeeping and how?

  • @jakechambers9459
    @jakechambers9459 3 роки тому

    You the Goat

  • @waykicompany
    @waykicompany 2 роки тому

    HERMANO MUCHAS GRACIAS, PODEMOS HACERLO EN ESPANOL PARA QUE TAMBIEN LOS BARBEROS LATINOS PUEDAN SABERLO... UN ABRAZO, Y SALUDOS.

  • @massterrbarber
    @massterrbarber Рік тому

    💎💎💎💎💎💪🌱 thank you 🙏 for your content.

  • @knoxcutz2578
    @knoxcutz2578 4 роки тому

    Noti gang!

  • @esbebe_
    @esbebe_ 4 роки тому

    uffff super dope video thanks💈💈

  • @joelsarabia7273
    @joelsarabia7273 4 роки тому +2

    Yo Chris can you try and get a hold on gamma absolute alpha and do a review I would appreciate it

  • @triniredd28
    @triniredd28 2 роки тому

    I know this is like a year later but if you make short versions here, and make the longer versions on the other website, it should generate more views for both...

  • @talib__917junaid8
    @talib__917junaid8 4 роки тому +4

    The more I learn about taxes, I get more aggravated By the second. I was literally shaking my head the whole video ( not at you) . I mean I know it’s a reality but dammmmm. Get your hand out my pocket cuzz. 🧐. Appreciate the jewels. Definitely got some homework to do now that you opened my eyes to this. Good lookin fam.

    • @elithebarberstudio
      @elithebarberstudio 3 роки тому +2

      Actually if you learn the S Corp and IRS system is your hand in their pocket pulling out money into your pocket

  • @Antwan.Frazier
    @Antwan.Frazier 4 роки тому

    Great video

  • @zzsaul8075
    @zzsaul8075 4 роки тому

    💯💯💯💯Im 17 Im gana be blessed cuz of ur advice

  • @MelAlicea
    @MelAlicea 10 місяців тому

    Can i set up a personal bank account and use it as a business account without an LLC ?

  • @trill8508
    @trill8508 Рік тому

    Damn all these damn taxes you gotta pay

  • @jaysoreal9292
    @jaysoreal9292 Рік тому

    Can you use that home office as a tax write off if you rent a house or do you have to own a home?

  • @naiarre4988
    @naiarre4988 3 роки тому

    If you put your assets in a trust, you start playing chess

  • @thegoat57
    @thegoat57 2 роки тому

    So if im opening a brand new shop i should just do self employed for the first few month untill it starts to make money?

  • @johnedwards8612
    @johnedwards8612 4 роки тому

    What is the other channel bro, I been wanting to subscribe

    • @MegaGreva
      @MegaGreva 4 роки тому

      Bossio builds wealth

  • @jordanbrundidge
    @jordanbrundidge 4 роки тому

    Liked the last video and this one I would like to get in contact with you current a 19 yr old barber finishing up barber school and would like to pick your brain 🧠 with expanding business and income and currently going to school

  • @Tinocutitot
    @Tinocutitot 4 роки тому +2

    💎

  • @elithebarberstudio
    @elithebarberstudio 4 роки тому

    I'm a barber S. Corp only making about $700 or $800 a week Should I put myself on payroll ? & if I do what would a reasonable income would be?
    And is it true that I will pay double Medicare, Social Security, unemployment blah blah blah blah

    • @AdrianaSanchez05
      @AdrianaSanchez05 6 місяців тому +2

      Did you figure this out? What ended up working for you? Just starting out as a hair stylist and deciding what I should do

  • @titobeatsproduction
    @titobeatsproduction 4 роки тому +1

    🔥🔥

  • @raymanali.2281
    @raymanali.2281 4 роки тому

    Will you do a review on the Kemei skeleton trimmer ?

  • @riverablends1461
    @riverablends1461 4 роки тому +1

    Hey I love the video. I just had one question if last year I made 53K in gross income and 16k in net. Should I stay as a Sole proprietorship or switch to a S-Corp?

  • @Thetruth3434
    @Thetruth3434 Рік тому

    Sole prop n dba same thing Chris?

  • @OhsebioElBarber
    @OhsebioElBarber 11 місяців тому

    What is a decent income to start S corp

  • @Tommy2Txmes
    @Tommy2Txmes 4 роки тому

    U ever thought of doing a barber podcast?

  • @j.cameron7563
    @j.cameron7563 2 роки тому

    What’s your other channel?

  • @matthewcain2880
    @matthewcain2880 2 роки тому

    What amount of money should then someone consider opening a s corp? Ty

    • @Bossiocuts
      @Bossiocuts  2 роки тому +1

      40-50k depending on your state but I’d ask an accountant

    • @matthewcain2880
      @matthewcain2880 2 роки тому

      @@Bossiocuts and if barber was making less just file as self employed? Also, if we only file as self employed can we still write off most of our business experience including gas, food, clothes, booth rental?

  • @EDjustthatcool
    @EDjustthatcool Рік тому

    Look like lil Romeo in this video 😅

  • @alexvaldez7317
    @alexvaldez7317 4 роки тому

    💪🏻💪🏻💪🏻

  • @mgarcia5799
    @mgarcia5799 4 роки тому

    NUGGETS !!!!!!!! 💰

  • @tbeedwin2176
    @tbeedwin2176 4 роки тому

    What does your online academy provide?

  • @leofade3751
    @leofade3751 4 роки тому +1

    Kuts✂️🙏

  • @wavyy.jhonny2xx343
    @wavyy.jhonny2xx343 4 роки тому

    Wait...did he say “March 28th”?😂