Gå frakoblet med Player FM -appen!
#512 The Truth About S-Corps: How To ACTUALLY Pay Yourself
Manage episode 428050393 series 1248143
In this episode of the Main Street Business Podcast, host Mark J Kohler tells you all you need to know about S Corporations. Learn how to effectively balance your payroll with profit, understand the fundamentals of business structures, and discover tips to optimize your tax benefits.
Here are some highlights:
- Mark points out the confusion around determining the right payroll amount.
- Introduction to the Kohler Payroll Matrix as a solution.
- Mark breaks down the trifecta: revocable living trust, operations, and assets.
- Details on how LLCs and S corporations fit into the trifecta.
- Importance of taking a salary from the S corporation to save on self-employment tax.
- How the payroll percentage decreases as profit increases.
- Emphasis on not overcomplicating the payroll determination process.
- Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
- You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
- Curious what my new certification is all about? Learn More
- Looking to connect with a rock star law firm? KKOS is only a click away!
- Grab my FREE Ultimate Tax Strategy Guide HERE!
- Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
- Craving more content? Check out my Instagram!
Kapitler
1. Choosing S Corporation Payroll (00:00:00)
2. Taking Control of S Corporation Payroll (00:09:37)
652 episoder
Manage episode 428050393 series 1248143
In this episode of the Main Street Business Podcast, host Mark J Kohler tells you all you need to know about S Corporations. Learn how to effectively balance your payroll with profit, understand the fundamentals of business structures, and discover tips to optimize your tax benefits.
Here are some highlights:
- Mark points out the confusion around determining the right payroll amount.
- Introduction to the Kohler Payroll Matrix as a solution.
- Mark breaks down the trifecta: revocable living trust, operations, and assets.
- Details on how LLCs and S corporations fit into the trifecta.
- Importance of taking a salary from the S corporation to save on self-employment tax.
- How the payroll percentage decreases as profit increases.
- Emphasis on not overcomplicating the payroll determination process.
- Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo.
- You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360
- Curious what my new certification is all about? Learn More
- Looking to connect with a rock star law firm? KKOS is only a click away!
- Grab my FREE Ultimate Tax Strategy Guide HERE!
- Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler
- Craving more content? Check out my Instagram!
Kapitler
1. Choosing S Corporation Payroll (00:00:00)
2. Taking Control of S Corporation Payroll (00:09:37)
652 episoder
Все серии
×Velkommen til Player FM!
Player FM scanner netter for høykvalitets podcaster som du kan nyte nå. Det er den beste podcastappen og fungerer på Android, iPhone og internett. Registrer deg for å synkronisere abonnement på flere enheter.