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    • Home
    • CAREERINTECH
    • Real Estate Investing
    • CarDealerMillion
    • About me
    • Books On My Shelf
    • Managing Your Money
    • carmoney1
    • podcasts
    • 2020 RULES TO FOLLOW
    • no cell phones
    • JOB VS CAREER
    • high income retiring
    • PERSONAL SAVINGS RATES
    • SYNERGY
    • out of state
    • STARTING ADVICE
    • Shop Owner Successes
    • Tiny Houses
    • 401K WITHDRAW
    • boomer
    • SIN STOCKS
    • Tesla Stock
    • Two Great Stock Picks
    • MacBook vs ThinkPad
    • Car Fever
    • DAVE RAMSEY BABY STEPS
    • KIDS EDUCATION ON FINANCE
    • Windfall Planning Options
    • 529 COLLEGE FUND
    • The Spreadsheet
    • California Exit
    • Finding Time
    • Subscribe
    • Core Income
    • Your First Tenant
    • Self Employment
    • Accesory Dwelling Units
    • Selling Vintage Rolex
    • My photos
    • Cell Notifications
    • Candy Seller
    • MARKET DROPS
    • caresact
    • Work from Home
    • TINGMOBILE

  • Home
  • CAREERINTECH
  • Real Estate Investing
  • CarDealerMillion
  • About me
  • Books On My Shelf
  • Managing Your Money
  • carmoney1
  • podcasts
  • 2020 RULES TO FOLLOW
  • no cell phones
  • JOB VS CAREER
  • high income retiring
  • PERSONAL SAVINGS RATES
  • SYNERGY
  • out of state
  • STARTING ADVICE
  • Shop Owner Successes
  • Tiny Houses
  • 401K WITHDRAW
  • boomer
  • SIN STOCKS
  • Tesla Stock
  • Two Great Stock Picks
  • MacBook vs ThinkPad
  • Car Fever
  • DAVE RAMSEY BABY STEPS
  • KIDS EDUCATION ON FINANCE
  • Windfall Planning Options
  • 529 COLLEGE FUND
  • The Spreadsheet
  • California Exit
  • Finding Time
  • Subscribe
  • Core Income
  • Your First Tenant
  • Self Employment
  • Accesory Dwelling Units
  • Selling Vintage Rolex
  • My photos
  • Cell Notifications
  • Candy Seller
  • MARKET DROPS
  • caresact
  • Work from Home
  • TINGMOBILE

Self Employed

  

LLC, and S-Corp Advantages 

Owning your own business can create significant tax savings opportunities. In speaking with colleagues however, I believe that the majority of non-business owners are simply unaware of the significant tax savings you can achieve though owning a small business. Otherwise, more full time employee's would start their side businesses and leverage the tax benefits received by the company that pays them every two weeks. 


Some of the key financial benefits of this side business is the opportunity to reduce tax and legal liability through the ownership and maintenance of the business as a LLC with a S-Corp provision. Also, the careful management of expenses and depreciation creates further tax incentives. This is a much larger topic to cover in a summary article, so I will address this in more details in future writings. 



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  • Home
  • CAREERINTECH
  • Real Estate Investing
  • CarDealerMillion
  • About me
  • Books On My Shelf
  • Managing Your Money
  • carmoney1
  • podcasts
  • 2020 RULES TO FOLLOW
  • no cell phones
  • JOB VS CAREER
  • high income retiring
  • PERSONAL SAVINGS RATES
  • SYNERGY
  • out of state
  • STARTING ADVICE
  • Shop Owner Successes
  • Tiny Houses
  • 401K WITHDRAW
  • boomer
  • SIN STOCKS
  • Tesla Stock
  • Two Great Stock Picks
  • MacBook vs ThinkPad
  • Car Fever
  • DAVE RAMSEY BABY STEPS
  • KIDS EDUCATION ON FINANCE
  • Windfall Planning Options
  • 529 COLLEGE FUND
  • The Spreadsheet
  • California Exit
  • Finding Time
  • Subscribe
  • Core Income
  • Your First Tenant
  • Self Employment
  • Accesory Dwelling Units
  • Selling Vintage Rolex
  • My photos
  • Cell Notifications
  • Candy Seller
  • MARKET DROPS
  • caresact
  • Work from Home
  • TINGMOBILE