Bryan Hancock
Payroll Tax Holiday?
I keep hearing rumblings about a payroll tax holiday being put in place temporarily to stimulate the economy. This is one of the best programs I have heard about. Does anyone know if this idea has legs?
Greg P.
Payroll Tax - Is this right?
Hello, I have three employees including myself paying a total of $90k net yearly for all 3 of us. I'm paying approx $1,400 every 2 weeks for payroll tax and I feel like this is way too high. Could someone please let...
Gulliver R.
Hiring employees, payroll, withholding taxes
If you have a rental property and hire an on-site Manager do you still have to have them fill out a W4 and I-9, with hold their income and deposit to the IRS? Also make social security payments and Medicare tax paymen...
Garrett Terrell
Taxes, LLC, S-Corp, Payroll HELP
Ok so we just sat down with our CPA and we are going to be absolutely pummeled with taxes for the 2020 year.. Anybody have a strategies for payroll, tax strategies for rental properties, capital gains on flips, tax st...
Brandon G.
SE & Payroll Taxes For Solo 401K
I'm researching the solo 401k. What I'm curious to know is do contributions made to this account bypass self-employment taxes and/or payroll taxes or do these taxes get paid regardless? Your input is appreciated!
HJ Wang
S corp payroll tax: How to pay IRS
Hello, I am using a payroll software to calculate my salary and tax withholding, fica etc. But I wonder how do I pay IRS for those taxes? Is there a portal from IRS that can take money directly from my company bank or...
Josh Ferona
Corporate payroll tax deductions - single person S corp
Hello, I have a payroll company but I am having a hard time finding the form that tells me how much $$ I can write off in corporate payroll deductions. Is there an easy way to figure this out, such as a form to look a...
James Chai
Question of MAX payroll tax as S-corp LLC
i have single-member LLC rental generating income on the side operating as STR. From the single-member LLC, i pay myself 100k last year to max out on the solo 401k contribution, while still having a W-2 as an enginee...
Erick Acosta
LLC vs S CORP ? I’m a newbie investor.
LLC vs S CORP ? I’m a new investor who lives in Los Angeles. I’m looking to start Fix n Flipping in the Ohio market. Should I go with LLC or S Corp when investing in out of state markets ?
Rashid Khalil
s corp possible ?
I earned 90 k as a 1099 contractor working in my LLC. expenses are around 20 k so NOI is 70k. it appears tax efficient if I tax this income as S- corporation. i do have EIN for my LLC and all income and expenses wer...