How To SETUP Your Business To Pay LESS Taxes w/ Our Accountant Steve!

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🕰️TIME STAMPS🕰️
0:00 : Intro!
1:00 : Today’s topic & Announcements
3:10 : The Truth behind Sound Of Freedom
4:30 : Who is Steve?
8:00 : How to start & register your business?
10:30 : Start with a LLC then transition over to S-Corp
13:00 : When should you transition to S-Corp?
15:00 : Why you must switch to S-Corp?
18:45 : Benefits of S-Corp
24:00 : (FREE GAME!) How to only pay 7% tax on your business?
27:30 : Can a non-W2 employee switch to S-Corp?
32:20 : How Myron pays less taxes on more income?
35:40 : Myron reveals his tax strategy for Real Estate
38:40 : Always use credit cards for your spendings
40:15 : DM Steve to get 2 Free E-books - https://www.instagram.com/seeingbeyondthenumbers (https://www.instagram.com/seeingbeyondthenumbers/)
46:20 : Superchats! - Should a 18 y/o buy a car?
49:40 : Should you buy a car right now?
51:20 : What is better for trading profits - LLC or S-Corp?
54:30 : Can you use travelling / home rental expenses as write offs?
55:50 : Sole proprietorship Vs. LLC
56:20 : (FREE GAME!) - How to fill out LLC form?
58:50 : Car wrapping side hustle on LLC
59:30 : Buy Real Estate on your personal name, then switch to LLC
1:03:00 : Should I open a LLC for Roofing business ?
1:04:00 : How much $ should you make before hiring an accountant/consultant?
1:04:30 : How do you find a good CPA in your city?
1:06:20 : Should you have LLC with ATM business since it’s passive income?
1:07:15 : Sole propietorship is trash!
1:08:20 : Is LLC good for day trading? ( to save taxes )
1:11:00 : How to save taxes on Crypto?
1:11:45 : Should you switch to S-Corp if you have an international online business?
1:14:00 : Do LLC for passive income, do S-Corp for everything else
1:16:45 : Leashing VS. buying a car for tax benefits
1:18:40 : Should I setup a Private retirement account funded by LLC to buy Real Estate?
1:20:10 : Do Money Mondays apply to other countries?
1:21:00 : How to find a mentor for your new business?
1:22:30 : How do I move my pressure washing business to other town?
1:23:15 : If you manage properties but don’t own it, do S-Corp
1:24:00 : If I start a business in Virginia, should I S-Corp in Delaware?
1:25:30 : “I make $105k but pay too much in taxes”
1:27:20 : Military guy wants to start Onlyfans business
1:30:30 : Restaurant owners, get your LLC right now!
1:32:00 : Umbrella S-corp while owning separate properties
1:34:30 : You don’t have to be an expert in tax code
1:36:30 : Truck drivers can save taxes by doing this…..
1:38:00 : Do I open a business account to purchase a van for my company?
1:39:00 : Do this & Get 80% write off on your vehicle
1:41:10 : “I haven’t filed taxes in 10 years, how do I protect myself?”
1:43:50 : “I have a cleaning business but can’t switch to S-corp”
1:45:30 : How to lower personal tax due?
1:47:20 : How to switch to S-Corp RIGHT NOW
1:50:30 : I’m a travel healthcare worker, should I switch to 1099
1:51:10 : (WARNING!) DO NOT quit your W2 job before getting into Real Estate
1:57:40 : Can foreign business owners switch to S-Corp?
1:59:00 : If you wanna switch your business to S-Corp & also wanna invest in Real Estate , how do you set that up?
2:00:40 : Jeremy Wade wants to save taxes on his fishing business
2:01:20 : I bought Tesla to drive Uber, would I be able to form a S-Corp?
2:02:00 : Uber is a great side hustle
2:06:15 : DO NOT buy house with your wife
2:07:40 : Thoughts on Real Estate Wholesaling
2:09:00 : “Doing 20k/month with no job” 😂
2:10:30 : Where can you find Steve?
2:14:14 : Outro!

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