How To Save Money Legally on Your Taxes LLC Owner. S Corp

You Can Save On Taxes Legally LLC Owner. File Late S Corp Election. Build Wealth with tax savings.

In this video at the bottom of the page I go over how to save taxes with your LLC. You pay self employment tax with your LLC. If you can reduce the self employment tax, then you create more money in your pocket. Don't believe me, find the LLC vs S Corp Calculator below. Or watch the video here for many more details such as forms, writeoffs and much more: https://youtu.be/JrhHCiLFlbo

💥LLC vs S Corp Savings Calculator: https://www.incfile.com/s-corporation-tax-calculator/
💥IRS Form 2553 to change your LLC to an S Corp: https://www.irs.gov/pub/irs-pdf/f2553.pdf
💥IRS Instructions for 2553 S Corp Election: https://www.irs.gov/pub/irs-pdf/i2553.pdf
💥IRS S Corp Tax Form 1120-S: https://www.irs.gov/pub/irs-pdf/f1120s.pdf
💥IRS K-1 Tax Form: https://www.irs.gov/pub/irs-pdf/f1120ssk.pdf
💥IRS One Participant LLC Tax Rules for 401k's: https://www.irs.gov/retirement-plans/one-participant-401k-plans

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