Tax Series Pt 7: Getting a paycheck from your side-hustle can DROP your TAXES by this much! #316

Docs Outside The Box

Nii addresses what putting yourself on the payroll for your side-hustle does to your taxes. We have special guest, Eric McGlothen, CPA and Founder of Eric McGlothen, LLC.

Things to expect in this episode:

• Benefits of putting family members on payroll, including federal tax perks
• LLC, S Corp, and C Corp strategies
• The false security of W-2 employment
• 401Ks and paying your health insurance through your business
• Wealth strategies, including retirement savings via payroll

Guest Contact Information:

• Website: https://www.emac-cpa.com/
• Email: [e-mail]
• Twitter: @emaccpa
• Facebook: https://www.facebook.com/people/Eric-McGlothen-LLC-CPA/100063691114849/
• Phone: [phone]
• Youtube Show: Level Up with Eric McGlothen

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