Self-Employment Tax Explained (And How To NEVER Pay It!)

Описание: Learn How to Avoid Self-Employment Tax and Keep More of Your Hard Earned Money.
Get a Free Consultation: https://mycpacoach.com/contact/

In this video, I break down what self-employment tax is, who pays it, and why it silently costs business owners, freelancers, and 1099 earners an extra 15.3% every year.

I’ll also show you the two proven ways to reduce or completely eliminate self-employment tax while staying fully compliant with IRS rules.

As a licensed CPA who tax plans every day, I walk you through exactly how this works step by step. Save this video, hit the like button, and let’s jump in.

#selfemploymenttax #taxstrategy #taxplanning

The Hidden Tax: (0:00)
Who Pays Self-Employment Tax: (1:02)
What is Self-Employment Tax: (2:43)
Payroll Tax Contributions: (3:14)
Additional Taxes to Know: (4:13)
How to Avoid Self-Employment Tax: (4:52)
Reducing Self-Employment Income: (5:25)
Maximizing Your Tax Deductions: (5:47)
Reclassifying Self-Employment Income: (7:35)
Corporate Income: (7:51)
Reasonable W-2 Salary: (8:57)
How to Reclassify your Business Entity: (9:45)

///
Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).