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In this episode of Balance Your Books, we continue our discussion of tax preparation. We tap into LLCs and S-Corps and the importance of self-employment tax. April, Kina and Kimberly get into a very detailed discussion based on their experiences with clients and their own taxes. We also discuss the requirement to pay yourself if you’re an S-Corp owner. Please consult your tax professional for information specific to you and your business.
By Balance Your Books PodcastIn this episode of Balance Your Books, we continue our discussion of tax preparation. We tap into LLCs and S-Corps and the importance of self-employment tax. April, Kina and Kimberly get into a very detailed discussion based on their experiences with clients and their own taxes. We also discuss the requirement to pay yourself if you’re an S-Corp owner. Please consult your tax professional for information specific to you and your business.