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!!
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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:
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- - www.kdainc.com/taxcall
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- karladennis.clickfunnels.com/...
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*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

  • @FIRE_DrNinjaTurtle
    @FIRE_DrNinjaTurtleАй бұрын

    Thank you so much. I am using income shifting.

  • @carole3877
    @carole3877Ай бұрын

    Great video

  • @user-wc8vv2os2e
    @user-wc8vv2os2e23 күн бұрын

    Great videos 🙂🙂🙂🙂🙂

  • @ExplorandoJapon
    @ExplorandoJaponАй бұрын

    Question, when I hire my child should he be my employee? Under payroll? Or as a contractor? With a 1099? Thank you

  • @KarlaDennis

    @KarlaDennis

    28 күн бұрын

    Payroll!

  • @ExplorandoJapon

    @ExplorandoJapon

    28 күн бұрын

    @@KarlaDennis Thank you for taking the time to respond. Payroll it is.

  • @SohelRana-pt3mz
    @SohelRana-pt3mzАй бұрын

    You need to update your title and tag section.

  • @KarlaDennis

    @KarlaDennis

    28 күн бұрын

    What do you mean? lol