Becoming an s-corp is definitely not a great idea as a year end tax planning strategy for a number of reasons. But it could be a good thing to talk to you CPA about for the next year. Any pre-tax retirement contribution could be a good idea if you have the excess cash! But just be confident about your cash flow and make sure you understand the deadlines.
Did a job in December the owner paid me on the 3rd of January with a check he wrote in December and also send me a 10-99 for last year including the check he paid in January in it .did he make a mistake in his 10-99?
![14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]](/img/n.gif)
It is a great video thanks for the great information and well delivered. This is exactly what I was looking for.
Your are the Best. Missed you and your WISDOM AND PATIENCE AND KINDNESS
Thank you Alonzo!
Welcome Back! Love the video edit upgrades!
Thanks Joel! My editor really nailed it!
Excellent videos!
Thank you very much for your hard work.
Happy to help, thank you for watching!
Thanks for sharing
Thanks for watching!
Welcome back. You look great.
Thank you so much 😀
Hello, Excellent tips to think about at year-end. What do you think about becoming an S-corp and contributing to a SEP plan?
Becoming an s-corp is definitely not a great idea as a year end tax planning strategy for a number of reasons. But it could be a good thing to talk to you CPA about for the next year. Any pre-tax retirement contribution could be a good idea if you have the excess cash! But just be confident about your cash flow and make sure you understand the deadlines.
Did a job in December the owner paid me on the 3rd of January with a check he wrote in December and also send me a 10-99 for last year including the check he paid in January in it .did he make a mistake in his 10-99?
Your Hair Looms So Pretty
Haha thank you!
Great content, thanks!
Thanks for watching! 🙌
THE DROUGHT IS OVER
I'M BAAAAACCCKKKKK!
123