Docs Outside The Box - Ordinary Doctors Doing Extraordinary Things

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

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Synopsis

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 your businessWealth strategies, including retirement savings via payrollGuest Contact Information:Website: https://www.emac-cpa.com/Email: info@ericmcglothenllc.comTwitter: @emaccpaFacebook: https://www.facebook.com/people/Eric-McGlothen-LLC-CPA/100063691114849/Phone: (404) 946-1855Youtube Show: Level Up with Eric McGlothenWE WANT TO HEAR FROM YOU!!!!  FILL OUT THE DOCS OUTSIDE THE BOX PODCAST SURVEY (in partnership w INCROWD)INCROWDMAKE EXTRA MONEY AS A RESIDENT OR ATTENDING - COMPLETE MEDICAL SURVEYS WITH INCROWDWATCH THIS EPISODE ON