Small Business Taxes for Beginners: A Simple Guide To Filing in 2024
Small Business Taxes for Beginners: Learn from a Licensed CPA with a decade of experience.
90% of small business overpay on taxes and you do not have to be one of them. As a CPA, I have seen this happen in so many different ways:
- They miss easy deductions
- They forget information
- They file late
- They file the wrong forms
- They don’t pay estimated taxes
- Then the IRS penalizes them
- And they pay EVEN MORE MONEY in fines
...In addition to their inflated tax bill they did nothing about
Now, all of a sudden, they owe a ton to the IRS. Fortunately, all of this stress can be avoided by following the simple steps that I am about to give you.
Small Business Tax Mistakes: (0:00)
How Your Business Is Taxed: (2:25)
The Forms You Need To File: (4:42)
Tax Information You Need: (6:40)
How To Reduce Your Taxes: (8:40)
How To Avoid IRS Penalties: (11:20)
How To Get Tax Penalties Removed: (14:14)
Links:
Apply to Become a Tax Client: mycpacoach.com/contact/
My Bookkeeping Vendor: mycpacoach.com/bke-thank-you
QuickBooks Discount: bit.ly/qbmycpa
Пікірлер: 11
THANK YOU!! That first time penalty waiver just saved me big! Appreciate the gems... you officially have a lifetime subscriber!!
@mycpacoach
4 ай бұрын
I knew it would help someone, lol. Glad it helped you. Thanks for watching.
how do you pay your taxes after filing for an extension if you’re an s-corp?
@mycpacoach
4 ай бұрын
You can directly on the IRS’s website.
Hi I work full time and I have small business how can i file this together
@mycpacoach
4 ай бұрын
How is your business structured? (LLC, S Corp, Unincorporated, etc)
@Cricket.international44
4 ай бұрын
I confused about that, if i show that my tax will come 1 million in a year, but main think is can i invest this 1 million before pay this tax. Is this possible?
Something's wrong with your camera. The frame rate seems very low and it's somehow vibrating? What are you running?
@mycpacoach
3 ай бұрын
Thx, I have fixed it going forward.
@donovonpavloff970
3 ай бұрын
That was fast! Great video!!@@mycpacoach