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Showing posts with the label qbideduction

$300,000 s-corp owner reduces taxes and increases QBI Deduction with Traditional and Roth 401k

In this video I'm doing a walk through on an S-Corp to lower federal income taxes, increase QBI deduction and maximize your retirement savings. The split between your w-2 wages and distributions going beyond just payroll taxes and reducing your contributions to social security. The breakdown of your income also can affect your section 199A deduction and the amount you can contribute to your retirement plan. ----------------------------------------------------- Join this channel to get access to perks: ----------------------------------------------------- ///////////////////////////////////////////////// Get answers FASTER... Join this channel to get access to perks: ----------------------------------------------------- Are you ready for professional investment advice? We can help you with financial planning and asset management. Let us guide your investments to your financial freedom. START HERE Our financial planning process is an ongoing relationship because a