Published On Sep 13, 2021
A good portion of the population is taking control of their financial future through self-employment. Taking the initiative to work for yourself takes a lot of courage and skill. With the right moves, many have gone from surviving to thriving in the world by becoming self-employed.
However, with the joys of more freedom come the obligations of duty. One of these duties includes taxes. Some of you may be wondering if all self-employment taxes are the same; the short answer is no.
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In this video, we will be going over the best tax strategies for our self-employed audience members or those hoping to enter the realm of self-employment one day. As stated before, depending on what you operate under your self-employment will determine how you file your taxes.
Do you operate as a sole proprietorship, an LLC, or some other business entity?
What should you be setting up to get the most out of your work income?
What benefits are you looking for?
These are the questions you need to be asking yourself.
We are here to deliver the best tax strategies to help you answer these questions and more, so stay tuned.
Thank you for joining us today in this video, and we hope our insight proves to be useful for those partaking in self-employment or who will want to in the future.
If you liked our video, be sure to like it and subscribe to the channel. Why? So you donโt miss future content like this one. For those of you who have more questions, leave a comment below, and maybe it will be answered in a future video.
0:00 - Intro
0:11 - Basics of Taxes for the Self-Employed
15:15 - Outro
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ABOUT TOBY MATHIS
Toby Mathis, Esq. is the best-selling author of Infinity Investing: How the Rich Get Richer And How You Can Do The Same. Toby is a tax attorney and founded Anderson Business Advisors, one of the most successful law, tax, and estate planning companies in the United States. Learn more at https://aba.link/tobyaba
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The information provided in this video should not be construed or relied on as legal advice for any specific fact or circumstance. Its content was prepared by Anderson Business Advisors with its main office at 3225 McLeod Drive Suite 100 Las Vegas, Nevada 89121. This video is designed for entertainment and information purposes only. Viewing this video does not create an attorney-client relationship with Anderson Business Advisors or any of its lawyers. You should not act or rely on any of the information contained herein without seeking professional legal advice. of the information contained herein without seeking professional legal advice.
#taxes #selfemploymenttaxes #taxstrategies