Content provided by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

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13 \\ How Much Salary to Pay Yourself as a S Corp Business Owner

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Manage episode 349422534 series 3399967
Content provided by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you're an s corporation business owner that isn't sure how much to pay yourself so that you're in compliance with the IRS - this episode is for you! Today, I answer a question submitted by a listener where he asked how much is an appropriate amount to pay himself when his business is still a "side hustle" and not generating a lot of profit. I go through all the details and share my wisdom so that you can make the right decision for you and your business.

Enjoy!

Tiffany

🔥 Ready to optimize your taxes? Grab my FREE top tax tips now! 🔥 https://10taxtips.com/

☎️ Want to know how much you're overpaying in taxes every year? Schedule a FREE discovery call here to find out --> https://phillipsbusinessgroup.com/

📧 Contact Us --> hello@phillipsbusinessgroup.com

Does your business need to be set up as an LLC? Do you need legal help, but don't have a large budget for it? Check out The Legalpreneur for your small business legal need --> https://bit.ly/legalpreneur

  continue reading

44 episodes

iconShare
 
Manage episode 349422534 series 3399967
Content provided by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Tiffany Phillips - CPA, Small Business Money Mentor, Financial Expert, Tiffany Phillips - CPA, Small Business Money Mentor, and Financial Expert or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

If you're an s corporation business owner that isn't sure how much to pay yourself so that you're in compliance with the IRS - this episode is for you! Today, I answer a question submitted by a listener where he asked how much is an appropriate amount to pay himself when his business is still a "side hustle" and not generating a lot of profit. I go through all the details and share my wisdom so that you can make the right decision for you and your business.

Enjoy!

Tiffany

🔥 Ready to optimize your taxes? Grab my FREE top tax tips now! 🔥 https://10taxtips.com/

☎️ Want to know how much you're overpaying in taxes every year? Schedule a FREE discovery call here to find out --> https://phillipsbusinessgroup.com/

📧 Contact Us --> hello@phillipsbusinessgroup.com

Does your business need to be set up as an LLC? Do you need legal help, but don't have a large budget for it? Check out The Legalpreneur for your small business legal need --> https://bit.ly/legalpreneur

  continue reading

44 episodes

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