Business Owners: This Tax Move That Saves You Thousands - and Time is Running Out скачать в хорошем качестве

Business Owners: This Tax Move That Saves You Thousands - and Time is Running Out

If you own an S corporation making over $200K (single) or $400K (married), you could be leaving $10,000+ on the table—and you have until December 31 to fix it. The Qualified Business Income (QBI) deduction allows eligible business owners to deduct 20% of net business income. On $200,000 of profit, that's a $40,000 deduction — often $10,000–$12,000 in real tax savings. But here's what most S-corp owners don't realize: If you're single and making $200,000+, or married filing jointly at $400,000+, your QBI deduction becomes limited unless you take specific steps before December 31. In this video, I break down: How the QBI deduction actually works for S corporations Why high-income earners lose part of the 20% deduction The counterintuitive strategy Congress built into the tax code Why increasing your S-corp salary can increase your QBI deduction How to evaluate the trade-off between payroll taxes and tax savings Why this planning cannot be fixed after year end This is not theory. This is how the law is written. Miss this before December 31, and the return is locked — permanently. 📌 CHAPTERS: 0:00 - The Year-End Tax Planning Window is Closing 1:00 - QBI Deduction Limits at $200K/$400K+ Income 2:00 - The S-Corp Salary Strategy (And How to Calculate It) #QBIDeduction #SCorpTaxPlanning #YearEndTaxPlanning #SmallBusinessTaxes #TaxStrategy