LLC & Taxes! What 90% of Barbers Don't Know About WEALTH!
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- เผยแพร่เมื่อ 4 ส.ค. 2024
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![How Much Should LLC Owners Save for Taxes? [Budgeting 101]](http://i.ytimg.com/vi/pcGBaX26kfE/mqdefault.jpg)
Knowledge is power. Love y’all, let’s grow!!!
Facts, keep growing bro
Applied knowledge is !
🙏🏼bless up Chris !! Just subscribed to your other Channel! Blessing all of us with great knowledge
Whats going on with the compressor man? Been ordered two months now no word........
💪💙💙💙💙💙💙
Only barber out here that is helping people overall, not just how to get the beste cut but also about finance and alot more. Thank you chris 🙌🙏
Love these financial/educational type of videos they’re timeless!!
Keep doin your thing champ!!! Much respect on the wealth content✊🏾
bossio very appreciative bro you don’t know how much
Not even a barber but I appreciate the general wealth knowledge especially in the first few videos. Learning to build a side business as a personal trainer and some of the concepts from these still carry over. Keep it up dude
Appreciate the free game brotha 💯🧿 Keep killing it,
Love these type of videos. Growing all 2021!
Wow this is a total game changer I keep hearing about LLC this a Corp that and I have no clue what the heck either one of them so thank you I might have to watch this video a few more times and I’m already growing up some creative questions for my CPA thank you again.
Finally someone who describes in depth and detail what piercing the corporate vail is and how it works.
I really appreciate these gems brother!!!! Thank you
Awesome Information 👊🏼Taking Barbers to Another Level 🙏🏼
You're giving away free game bro, thankyou so much! You're also one of the reasons I'm now in barber school, thanks Bossio.
You a real one for this !
This is pure nuggets, Brah!!!! where have you been all my life?
This is Chris Brown at Razor Sharp Hair Creations. Bossio thanks so much for the positivity and the info. Gonna do that S Corp fo sho. Blessing to you bro! Keep those awesome cutz and education jumping!
This is great bro!
Thank you as a businesswoman I have learned the hard way, but videos like this help me a lot
Excellent info per usual thanks for your great content!
Idk how I missed this video. But let's go. Dropping gems as usual bossio
I know this was 9 months ago but bro...😱you blessed my life. Thank you...I needed help on paper trails and organizing my finances. 💯
Playboy... Love it. Knowledge is power in every aspect of life. That's why I tell my kids to read. No cable in this house. Just Internet for information they need. Don't get me wrong, they live a good life and we see movies together and but its all about getting them ready for life. LOCKED IN PLAYBOY... LOVE THESE VIDS... YOU GOT TO SHOW THEM HOW YOU STRUGGLE TO KEEP THAT CASH COMING IN. NEVER QUIT. NEVER SURRENDER. KEEP THEM COMING.... 💯
This is very informative ‼️
Thanks so much for the info bro I’m getting ready to graduate barber school and this video helped out a lot 🙏🏾
Thank you for this !!
Thx Chris I have learned a lot with this!
Great video!!! Thank you.🙏🏾
uffff super dope video thanks💈💈
Eye opening! For sure
Facts co mingling funds is a major problem for anyone who has an llc and if the irs or the people who are suing them find out that you are putting your money 💰 into your personal account or vice versa they can now go after your personal accounts and business accounts and that is why you must pay the business to the business or if you take out the business to use for personal purposes . This is very strong 💪 content and has to be taken very seriously.
Facts and good knowledge here... bout to graduate with that accounting degree and work on getting being a CPA to help out all the barbers out here! There is real value in partnering or building a relationship with an accountant if you’re serious about your business!!!
Did you ever get your CPA?
Yeah bro already watched all the videos in the Bossio Builds Wealth channel and I've went in some of the lives there too. Definitely learned a lot and agree to what you're saying bro, you definitely deserve more subs on that other channel!!! Hopefully u do some lives soon!!! Keep going bro, you're my favorite barber 👌🏽💪🏽💯🔥
Great video
I have read a few rich dad books but never the tax free one. Will check it out! Good video. Any chance you can share if you do you own bookkeeping and how?
Omg, so much info. Easy and hard to understand, I hate that I dont kno this stuff
Yea bro I watched every single video that you dropped on bossio wealth. It’s good learn more
💎💎💎💎💎💪🌱 thank you 🙏 for your content.
You the Goat
I have 0 financial education and want to start barbering this helps soo much!
Noti gang!
Yo Chris can you try and get a hold on gamma absolute alpha and do a review I would appreciate it
Bossio da goat
Will you do a review on the Kemei skeleton trimmer ?
My brother owns a few barber shops , but he won't share his knowledge with me. My brother is a shrewed evil business dude. But, I'm learning a lot on your information. Thanks
🔥🔥
Liked the last video and this one I would like to get in contact with you current a 19 yr old barber finishing up barber school and would like to pick your brain 🧠 with expanding business and income and currently going to school
What is the other channel bro, I been wanting to subscribe
Bossio builds wealth
💯💯💯💯Im 17 Im gana be blessed cuz of ur advice
💎
Bossio, thank you again. I am a traveling technician that cuts hair as a side hustle. I am going to buy the books and trying to apply the science you're dropping on us. My side business makes pretty good money but I am not a license Barber. I will do some more research to make sure that I am within my rights. Don't need the man on my back.😉
I’m with you on this one brotha! I do too cut hair as a side hustle but not a license barber. Hopefully bossio could help us on this one 💯
HERMANO MUCHAS GRACIAS, PODEMOS HACERLO EN ESPANOL PARA QUE TAMBIEN LOS BARBEROS LATINOS PUEDAN SABERLO... UN ABRAZO, Y SALUDOS.
U ever thought of doing a barber podcast?
Damn it’s 2023…. Great video anyway
Can you use that home office as a tax write off if you rent a house or do you have to own a home?
What is a decent income to start S corp
Can i set up a personal bank account and use it as a business account without an LLC ?
So if im opening a brand new shop i should just do self employed for the first few month untill it starts to make money?
Hey I love the video. I just had one question if last year I made 53K in gross income and 16k in net. Should I stay as a Sole proprietorship or switch to a S-Corp?
I would Switch to an s corp so u can put your assets into a trust
Sole prop n dba same thing Chris?
What’s your other channel?
The more I learn about taxes, I get more aggravated By the second. I was literally shaking my head the whole video ( not at you) . I mean I know it’s a reality but dammmmm. Get your hand out my pocket cuzz. 🧐. Appreciate the jewels. Definitely got some homework to do now that you opened my eyes to this. Good lookin fam.
Actually if you learn the S Corp and IRS system is your hand in their pocket pulling out money into your pocket
What does your online academy provide?
an old man told me that the social media would be the downfall of all mankind
Years later I think he may have been right!
💪🏻💪🏻💪🏻
NUGGETS !!!!!!!! 💰
I know this is like a year later but if you make short versions here, and make the longer versions on the other website, it should generate more views for both...
Channel, not website. Lol
Dba is not a legal entity. It is doing business as. It’s required when your business is called something that doesn’t include your full name.
Damn all these damn taxes you gotta pay
Look like lil Romeo in this video 😅
What amount of money should then someone consider opening a s corp? Ty
40-50k depending on your state but I’d ask an accountant
@@Bossiocuts and if barber was making less just file as self employed? Also, if we only file as self employed can we still write off most of our business experience including gas, food, clothes, booth rental?
Kuts✂️🙏
I'm a barber S. Corp only making about $700 or $800 a week Should I put myself on payroll ? & if I do what would a reasonable income would be?
And is it true that I will pay double Medicare, Social Security, unemployment blah blah blah blah
Did you figure this out? What ended up working for you? Just starting out as a hair stylist and deciding what I should do
If you put your assets in a trust, you start playing chess
Wait...did he say “March 28th”?😂