@markcecchini Totally agree that they should be getting compensated for the value they bring into their universities. But do you think some of them should be making millions? In some cases they are making more than professional players.
For some time now, S Corps have been growing in popularity among small business owners.
Why?
Mostly because of self employment tax savings
I’ve read numerous comments and threads across social media suggesting that all small business owners should be S Corps
Of course, it might not surprise you that an absolute recommendation toward a particular corporate structure is silly
Not every business should be an S Corp
For some, it can be a really great move
For others, it can be horrible
How do you decide?
Well… you need to understand more about them
So I created the ultimate guide to S Corps for you
It is 19 pages long
It covers:
- The different types of entity structures
- How they are taxed
- The benefits of an S Corp
- How self employment taxes work
- The qualified business income deduction (QBID)
- PTET
- Accountable plans
- Tax planning moves to consider
- How S Corps can impact solo 401(k) contributions
- Downsides of them
- Why real estate typically should not go into S Corps
- How to set one up
- Selling your S Corp
- Etc.
If this interests you, just like and retweet this post and I will DM you the guide at the end of the day
These are things business owners need to be aware of and understand
This will also be the free download when you sign up for my newsletter
Excited to announce that I have signed my first NHL contract with the @LAKings thanks to all my family and friends for helping me get to this point! Extremely blessed for the friendships and memories I’ve made the past three years with @PennStateMHKY
Junior @ColeHults is heading west to L.A. forgoing his final season in #HockeyValley after inking a two-year, entry-level contract with the Los Angeles Kings on Saturday afternoon!!
Congrats Cole and Good Luck!! #WeAre#GoKingsGo
I’m beyond thrilled to be signing with the @ColoradoEagles. Thank you to everyone that has helped me get to this point. I wouldn’t be here without you. @MavHockey @MadCapsHockey @U18AAAJackets @CleveBaronsT1
Welcome to Eagles Country, Charlie Gerard!
We have signed Gerard to a two-way AHL contract for the 2020-21 season.
#EaglesCountry
https://t.co/3YN4AIe3Se
When the sports world stopped yesterday, it really allowed me to take a step back and appreciate my journey over the last 4 years. It was tough at times but it was all worth it in the end. Thank you to all the incredible people I met along the way! https://t.co/3vpBivQvLp