Tax Series Pt 7: Getting a paycheck from your side-hustle can DROP your TAXES by this much! #316

SEND US A TEXT MESSAGE!!! Let Drs. Nii & Renee know what you think about the show! Nii addresses what putting yourself on the payroll for your side-hustle does to your taxes. We have special guest, Eric McGlothen, CPA and Founder of Eric McGlothen, LLC. Things to expect in this episode: Benefits of putting family members on payroll, including federal tax perksLLC, S Corp, and C Corp strategiesThe false security of W-2 employment401Ks and paying your health insurance through y...