This was excellent and helped me decide to open an s corp vs LLC as an independent contractor
Super clear explanation. Setting the numbers up like that gave me a visual idea of how I should set up the business
This was a great explanation and the best resource I have found online that helped me understand the tax differences for Sole Prop / LLC and S Corp. Love how you simplified and broke it all down.
Very well explained, I’m CPA in Puerto Rico and is very important get an advisory from a CPA.
☑ I don't leave a lot of reviews, but this video and another one in your list completely lifted the scales from my eyes. I was blind and now I see! You helped me make a decision about whether to go the S-Corp route and saved me from making a huge mistake. Thank you for bringing free content that is completely useful on its own. I have you bookmarked. I definitely want to take your course once I get my business up and running.
Outstanding!! I agree with Roger below. You provided the clearest explanation to date!!
Excellent job! You explained very clearly with a clean easy understanding spreadsheet. Really appreciate it.
Would like to see more of these types of videos where small business owners can get educated on how to understand financials and use them to improve their business
I rearly leave comments but you are great! This is EXACTLY what I have been looking for so long. I graduated from financial university in Europe but now I live in the US and I need to understand your microeconomy regulations work. Your video is just a great example of top notch teaching, it helped my to obtain more clear vision on how to run my own company and what type of entity to choose. I didn't even know about QBID. I'm going to comple your whole course. Thank you again!
You did a great job, explaining how each entity pays their taxes and what is required but you didn’t explain to me any advantages of what each one offers so you just wasted like an hour of my time and now I’m super convinced on why it’s just good to pay so I wanna do your taxes. Thanks.
Thanks! Very educative presentation. The visuals really made it clear. 👏
I'VE WATCHED A LOT OF VIDEOS BUT THIS ONE WAS VERY UNDERSTANDABLE. THANKS
This is exactly the kind of video I was looking for, super basic but thoroughly explained, thank you!
thanks for being so detailed oriented and having it all clean and organized--and for answering all these important questions.
I'm trying to understand business taxation and this video helped me to understand the differences. I'm a visual person; listening and reading don't help me. Thank you.
Wow great video! I went thru lots of search results that could only calculate either fica, fed or state. Not all at once which really matters. And not considering the business deduction. Thank you so much. I wish I could access the excel
Excellent job. You explained very clearly with an easy-to-understand spreadsheet. Thank you
Hi Navi. This video is great. I have tried to find a video with an expatiation like this one you just did and I have not found anything like this. You are great. Thank you so much!!!
Excellent video! Thanks for being so precise with your explanations. You are really taking the stress out of the entire process.
@rogersmj