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BizBud LLC
United States
เข้าร่วมเมื่อ 11 ม.ค. 2023
Welcome to BizBud! I’m Cameron, a former pro soccer player turned tax advisor, here to help business owners, digital nomads, and international entrepreneurs set up and succeed in the U.S. From my own journey as a global entrepreneur, I started BizBud LLC with a simple mission: to take the hassle out of taxes and accounting, so you can focus on growing your business and chasing your dreams. Today, BizBud is a team of experienced CPAs and tax professionals, proudly helping clients across the U.S. and the world save money and stay compliant. This channel is your go-to for breaking down tax and accounting topics, clearing up misconceptions, and adding a little travel inspiration along the way.
If you want more help or have any questions, please contact us at the link below, we would love to work with you @bizbudllc
Disclaimer: The content shared is for informational purposes only and should not be considered legal or financial advice.
If you want more help or have any questions, please contact us at the link below, we would love to work with you @bizbudllc
Disclaimer: The content shared is for informational purposes only and should not be considered legal or financial advice.
Explaining the US Tax System
In this video, we explain how the US tax system works.
The US Tax system is a progressive, tiered tax system. Tax brackets depend on income.
Should you fear having a higher income and avoid making more money because you will have to pay more on taxes?
We explain why you shouldn't worry about making more money and address some common misunderstandings.
Keywords: tax rate tax bracket how do taxes work how does us tax system work taxes explained explain tax progressive tax system tax break tax deduction tax credit
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Want to work with BizBud? We will create a custom package and plan based on your tax and business situation: www.thebizbud.com/contact
Follow BizBud on Instagram for more content:
bizbud
About BizBud:
BizBud is a tax advisory and bookkeeping company that specializes in working with digital nomads, content creators, and small business owners who want to structure their business and life in a way that relieves anxiety and stress about the financial side of their business and maximizes their tax savings.
BizBud was started over 5 years ago by Cameron Botes, a former professional soccer player turned tax expert and advisor. During his professional soccer career, Cameron would spend every afternoon being mentored by top tax attorneys in the U.S. Over the years, he has grown BizBud into a whole team of Tax Advisor's, CPA's, and International Tax Experts to help you win at the tax game.
Unlike many other services, at BizBud, we understand everyone's situation is different. So, we look at every individual situation and then create a custom package that is best for you and your goals.
For a personalized consultation, please schedule a call. We'd love to hear more about you and your situation:
calendly.com/bizbud/discoverycall
Visit our website:
www.thebizbud.com/
The US Tax system is a progressive, tiered tax system. Tax brackets depend on income.
Should you fear having a higher income and avoid making more money because you will have to pay more on taxes?
We explain why you shouldn't worry about making more money and address some common misunderstandings.
Keywords: tax rate tax bracket how do taxes work how does us tax system work taxes explained explain tax progressive tax system tax break tax deduction tax credit
---------------------------------------------------------------------------------------------------------------------------
Want to work with BizBud? We will create a custom package and plan based on your tax and business situation: www.thebizbud.com/contact
Follow BizBud on Instagram for more content:
bizbud
About BizBud:
BizBud is a tax advisory and bookkeeping company that specializes in working with digital nomads, content creators, and small business owners who want to structure their business and life in a way that relieves anxiety and stress about the financial side of their business and maximizes their tax savings.
BizBud was started over 5 years ago by Cameron Botes, a former professional soccer player turned tax expert and advisor. During his professional soccer career, Cameron would spend every afternoon being mentored by top tax attorneys in the U.S. Over the years, he has grown BizBud into a whole team of Tax Advisor's, CPA's, and International Tax Experts to help you win at the tax game.
Unlike many other services, at BizBud, we understand everyone's situation is different. So, we look at every individual situation and then create a custom package that is best for you and your goals.
For a personalized consultation, please schedule a call. We'd love to hear more about you and your situation:
calendly.com/bizbud/discoverycall
Visit our website:
www.thebizbud.com/
มุมมอง: 799
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1099s Explained: The Ultimate Guide for Small Business Owners | BizBud LLC
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Get ready to simplify tax season with this must-watch guide to 1099s! In this video, Cameron from BizBud LLC breaks down everything small business owners need to know about 1099 forms, including who needs to file them, when they’re due, and what happens if you don’t. Whether you’ve hired freelancers, contractors, or gig workers, we’ll walk you through how to gather the right information, issue ...
5 Must-Know Tax Tips for Foreigners Doing Business in the U.S | BizBud LLC
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GREAT ADVICE
Problem with most working class Americans is that they never use the money more wisely. They use the IRS as a bank account they can withdraw from once a year, because they don’t have the self control not to stop at Chick-Fil-A on their way home. So while you’re absolutely right about aiming for a $0 return, that won’t pay for the new 4K OLED TV in January to watch the upcoming Super Bowl.
How does one get or make a plan?
Great question, you can schedule a free call with us and we can hear your situation then provide next steps to creating a customized plan for you and your situation to win at the tax game
Thanks for share the useful content to us
очень хорошо
Отличное видео
спасибо за видео
Excelente video gracias
😇
супер
bad video
We’ll cover the Foreign Earned Income Exclusion,
😀
Excelente video gracias
You are fox
perfect
such a good info
Thank you for sharing this! I am near to retiring and it's helpful for me! I also run this channel to work after retirement
Awesome to hear! Your videos seem great as well. When are you wanting to retire?
Clean up those eyebrows
Me and my ngas hate taxes 🗣️
Lets see how that works and see how much the debt goes up while Republicans are quiet about it.
Time will show how that works out!
Think of it from an employers standpoint. No overtime. Everyone part time & no health benefits.
That’s what will happen,
You forgot to mention Trump wants the owners to KEEP all tips.
Need to see it before I believe it. Trump does nothing but lies. Con, no taxes on overtime because there won't be such a thing on overtime.
B. S.
The no tax on tips is utter ridiculous… I’m now changing my pay structure from hourly/salary to just tipping only to avoid paying taxes on my $60k a year job…. So fucking stupid !!!!!
Are you a business owner? You might get away with it. An employee? Dream on fool.
@ doesn’t matter if I follow what the law stipulates …..
Trump absolutely will not follow up!!!!! He lies to get in office period,
And how will he offset the loss of taxes tarring? So we make a little more but pay way more? Why is he also asking for an unlimited budget with the removal of the debt ceiling?
And we might be happier too.
He also intend to switch from a 40 hour week to a 160 hour month, so now for contractors for example can take a project and have ppl work 16 hor days for two weeks and then have people stay more at home the next couple of weeks when there is less work, thus avoiding paying overtime...
How little self respect you must have to repeat such nonsense. There is no such plan. States have their own labor laws governing overtime. There is such a thing as comp time, but it has to be taken the same week, otherwise the overtime pay is due. And your completely ignoring the union contracts which require overtime rates for work after 8 hours on the same day, or on weekends.
@davidcanfield883 Well, it's part of Project 2025, you know, the shit Trump said he had nothing to do with and pretended not to really agree with before he was elected and suddenly decided it was reasonable anyways. Let's wait and see.
I understand how reducing corporate taxes can create new jobs and reduce prices but what I keep wondering is why not just reduce income tax so that the benefits go to the people directly. Knowing the amount of greed in the US, I feel like the cooperations will just use the tax reductions to report higher profits for their investors without reducing prices of goods and services. Im no economist. Just an ordinary dude on the internet using common sense. So no one should come at me.
and then where is the cash come from to fund the goverment who pays for the roads, cops , firemen i gues we will just pay or tarriff
Biden spent so much. Don't worry.
Dipping into SS
...but the government always spends your money better right?😅
One guy put it like this. If there going to take away tax on overtime he will make everyone salary and move around there hours to never give them overtime.
How is "he" (I think you mean Trump) going to do that? Businesses schedule their operational hours, not US President's. If there were an advantage to making their employees salaried instead of hourly, businesses would have done that long ago.
Corporate tax cuts do not go to We the People. That tax cut is for corporations not the people. I would also advise everyone to look at the overtime not being taxed and read what it says about overtime. Inflation has been cold but Trump’s politics will fire it back up. Mass deportations alone will make the economy worse. That apple that cost 70 cents today will cost $17. We already know that trickle down economics do not work. We have seen it time and time again.
"Just look at this evil tyrant letting me keep more of my hard earned money. How dare he not take it away from me!" I simply can't comprehend how anyone thinks he is a tyrant that wants to take away people's rights and freedoms when his actions literally do the opposite, empowering people to be able to stand on their own and not relying on the government. This is the opposite of tyrannical actions.
He relies on morons to give him credit for things he talks about but never accomplishes. He would love you
Corporations are different then sole proprietorship or 1099s or you w2 employees so he's giving more money to his billionaire friend to get better bonuses that's all it is
@@GoblinsDemon And does it matter? Even if what you are saying is true and his motivations are selfish, if it lets the average american keep more money in their pocket, then why the heck should I care? I don't get why people are so damn determined to hate him that even when he does something that benefits them, they still try to twist it into a bad thing when it is objectively not. Not to mention the fact that businesses and corporations having more money can improve the health of the economy which in turn is helpful to EVERYONE. You might like to just be salty about rich people having more money then you, but I have enough of an understanding of how the economy works to understand that just because I'm not a billionare doesn't mean I need to hate anyone who has more money then me. A healthier economy and lower taxes will help rich people sure, but it also helps the rest of us, and if you don't think so, I can only imagine that your either stupid or blind.
Maybe you should look at what ACTUALLY happened with his last round of tax cuts. 50% of ALL the money “saved” by paying less taxes went to the top 5% earners and the other 95% of people got the rest. Do the math, it’s not to help you or average citizen. Someone making $1,000,000 A YEAR got to keep $60,000 MORE while the average person saved a bit under $500. Sure the tipped employees and overtime workers will get to keep an extra $20-$30 per paycheck while Trump and his “donors”will get keep a couple million more per year. Numbers don’t lie, he’s going to help himself and his friends before he helps you. He has a proven track record of that.
Hey
Hello, thanks for watching, we really appreciate it!
Grant cardone is an idiot