Tax Planning: What Is It, WHY YOU NEED ONE, And How To Start
Every single taxpayer needs a tax plan. If you have owed money to the IRS when filing a tax return, I repeat, you need a tax plan.
But sadly, most people don’t have one. And if I’m being honest, most people don't even know what a tax plan is.
If you asked a random person right now if they have a tax plan, I’m willing to bet you that they’d have no idea what you’re talking about.
And that is why 90% of people forfeit too much of their hard earned money to Uncle Sam.
But luckily, that will not be you because if you stick around until the end of this short video, you will learn:
- Exactly what tax planning is
- The process to create your own tax plan
- (And For Those Who Stick Around, I’ll Show You) What A Proper Tax Plan Looks Like
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).
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I was curious what is this software you paid 10k for?
Thank-you for your videos. I'm taking in so much information and have so many questions even many I don't even know how to ask I need someone like you! Thanks for spending time to educate us
So let’s say your an entrepreneur just starting out and plans to have more and more streams of income overtime, what is the referred amount of times they should review their tax strategy/tax plan with their tax analysis on a yearly basis?
Thank you! I am learning about taxes.
where can i find that analysis software?
Thank you so much for your easy-to-understand explanation.
@LYFEAccounting
9 ай бұрын
You're very welcome! Thank you for watching.
New subscriber!! Thank you.
Does it's only for US based employee or for foreign based employees? Have a question is that on your career section at lyfe Marketing you write the job is remote based it's mean from anywhere in the world we can work with you or the position u mentioned are US based remote if yes then mentioned US based remote
Hi Sherman, I really enjoy your videos - thank you for the content! Could you advise if Recruitment Agencies are permitted to secure clients outside of the state they're registered in? For example, I'm registered in Georgia, may I reach out to clients in California or Florida for direct placement opportunities? Thanks for any advice you can provide on this.
Can I add my family members to my board in a single member LLC?
I paid so much that I wanted to cry. I am working on that tax plan.
You should do a video on pretax and post tax short term disability AND if you can get a tax credit if you pay with post tax dollars..
Great video
@LYFEAccounting
9 ай бұрын
Glad you enjoyed it. Thanks for stopping by!
Hi! Do you offer Tax plaaning training?