Tax Reduction Podcast

Episode 37. Owner Payroll Tax


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Interested in Tax Strategy for your Business? Send us a message with your email address and we’ll help you get started!

If you’re a small business owner with an S Corporation, the way you pay yourself can make or break your tax bill. Most business owners overpay payroll taxes because no one ever showed them the right tax strategy. They treat owner payroll like a checkbox which is a big mistake. Your payroll is a tax planning weapon if you know how to use it.

In this podcast, I’m breaking down exactly how to pay yourself as a business owner, how payroll taxes really work inside an S Corporation, and what you need to do right now to lower your self-employment tax legally. These tax strategies are what your CPA probably isn’t telling you.

We’ll cover payroll tax strategy, how to determine a reasonable salary, and how to avoid red flags with the IRS. If you're married and running a business, there are major tax benefits to putting your spouse on payroll. Get this wrong, and you’re either wasting money or triggering problems with IRS payroll compliance. Get it right, and you unlock additional tax deductions, retirement contributions, and even better healthcare options.

And if you’re listening to this before year-end, I’ll walk you through key tax planning tips you need to make before December 31st. Because once the calendar flips, your options disappear and your tax bill is locked in. This is the payroll tax strategy every small business owner needs to understand. If you're serious about reducing payroll tax, increasing your tax deductions, and staying IRS-compliant,  start by listening to this podcast.

🆓 Download FREE PDF: 7 Write-Offs Every S-Corporation Business Owner MUST Know: https://7taxwriteoffs.com/?el=podcast&htrafficsource=buzzsprout

*Disclaimer This material & presentation content is for informational and educational purposes only. This material and presentation content is designed to provide general information regarding the subject matter covered. It is not intended to serve as legal, tax, or other financial advice related to individual situations. Because each individual’s legal, tax, and financial situation is different, specific advice should be tailored to the particular circumstances. For this reason, you are advised to consult with your attorney, accountant, tax preparer, and/or other advisor regarding your specific situation or your client’s specific situation. The information and all accompanying material are for your use and convenience only.

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Tax Reduction PodcastBy Boris Musheyev

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