Charlie Sacco
speaker
206 appearances
1 recordings
1 series
first heard May 2026
last heard 11 May
Charlie Sacco’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in May 2026 with 1.
Appearances
So maybe I could do that.
If you have a small business, first of all, one of the best things to do, it depends on what you're making.
Most people start with even getting an LLC.
If it's a small business and you're making a decent amount of money, you want to transfer that business LLC into an S-Corp.
Because with an S-Corp, you could do a lot more savings, a lot more expenses, and...
It funnels into your personal taxes, but it is one of the best things to do if you have a small business.
Yeah.
So basically... It's a flow-through.
It's a flow-through.
And...
You want to keep that separate.
So you open up a separate business account, have a business credit card.
Yes, yes, yes.
And there's a lot more deductions that you can legally claim on an S-Corp.
And also on an S-Corp, depending on if you have employees or if you don't have employees, you'll W-2 yourself some of the income.
But a lot of it you could put on what's called a K-1, which is own investment income, and you'll save what's called self-employment tax, which is what a 12.9% tax.
Yeah, that's one of the main things.
And people are just not keeping proper records.
Because when you're doing the expenses, you should really have a P&L, profit loss, a balance sheet.
And a lot of people intermingle their personal with their business stuff.
Showing 61–80 of 206 · page 4 of 11
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