In this video, I answer a viewer's question about the scorporation. We cover how to decide how much to pay yourself, why the scorp saves money, and how to pay yourself back taxfree after you invest your personal money into the business.

If you want to learn more about setting up the scorp correctly and to save taxes, join us for the FREE training, "#6 Common Mistakes That Business Owners Make With The Scorporation": https://www.amandarussell.mba/scorpmi...

You can submit your own business finance questions to be considered for a youtube video topic here: https://www.amandarussell.mba/questio...

Other Videos You May Like:

HOW DO I PAY MYSELF IN MY BUSINESS [PART 1]:    • How To Pay Myself In My Business (LLC...  
4 TAX SAVINGS STRATEGIES FOR OWNER PAY [HOW DO I PAY MYSELF IN MY BUSINESS PART 2]    • 4 TAX SAVING STRATEGIESHow To Pay Y...  
HOW TO OVERCOME PROCRASTINATION    • Procrastination In Business & Money! ...  
THE EASIEST AND CHEAPEST WAY TO TRACK YOUR ACCOUNTING RECORDS (SOFTWARE VS. APPS VS. BOOKKEEPERS):    • Best Way To DIY Your Accounting Recor...  
SCORPORATION CALCULATOR — When & How the Scorp Saves You Taxes!    • SCorporation Tax Calculator [Spreads...  

DIY Tax Video Series File Taxes Online For Free:

Choosing free way to file for federal and state:    • Can I Really File My Taxes For Free? ...  
STEPBYSTEP TUTORIAL: Filing your taxes for free in any situation    • STEPBYSTEP Tutorial: File Taxes Onl...  
STEPBYSTEP TUTORIAL: How To File a 1099 Online For FREE    • How To File Your Selfemployed Busine...   STEPBYSTEP TUTORIAL: Home Office Tax Writeoff Worksheet for tracking    • Home Office Tax Writeoff  How to T...  

Other popular videos you may like:

The Balance Sheet Explained:    • Balance Sheet Explained in Simple Ter...  
What is a Holding Company?    • What is a Holding Company?  Holding ...  
Does the LLC save taxes?    • Tax Benefits of LLC vs. Sole Propriet...  
Sole Proprietor vs. LLC vs. Scorp:    • Sole Proprietor vs. LLC vs. Scorp: W...  
How Businesses are Taxed:    • How To Choose Your Business Structure...