How To Lower W2 Taxes With A Side Hustle
Its not about a W2 job OR a Business. How about we normalize having both to make alot of money while reducing our taxes?.
Lets Talk about it in this video!!
Please be sure to Subscribe & hit the notification button for more free videos on how to make more money and save tax dollars.
Key Times In Video:
00:00 - Intro
00:31 - Use Losses to offset w2 wages
01:09 - Writing off your Vehicle
01:54 - Employer Sponsored Retirement Account
02:38 - Health Savings Account
03:26 - Business Bank Account
04:30 - Income Shifting (Pay Your Kids)
05:33 - Why You Should Have Both!
06:20 - BONUS TIP
Take Action:
Book your free tax consultation today:
- - www.kdainc.com/taxcall
Interested in becoming a tax strategist and building your tax firm. Book call today:
- karladennis.clickfunnels.com/...
Follow me on social media and stay up to date for when we release more videos!
Instagram: @Karlakdennis
Tik-Tok: @Karladennisinc
Titter: @KDAssociates
Linkedin: @karladennis
My Website: www.karladennis.com
*Disclaimer: This information or service is for informational purposes only and is not intended to be personal financial advice
#taxes #business #writeoffs #entrepreneur #newbusinessowner #llcs #karltondennis #taxprofessional #llc #scorp #smallbusinessowner #newbusinessowner #wealth #justaskkarla #kdainc #karaldennis
Пікірлер: 8
Thank you so much. I am using income shifting.
Great video
Great videos 🙂🙂🙂🙂🙂
Question, when I hire my child should he be my employee? Under payroll? Or as a contractor? With a 1099? Thank you
@KarlaDennis
28 күн бұрын
Payroll!
@ExplorandoJapon
28 күн бұрын
@@KarlaDennis Thank you for taking the time to respond. Payroll it is.
You need to update your title and tag section.
@KarlaDennis
28 күн бұрын
What do you mean? lol