351 | Year End Tax Planning 2021
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How to Maximize the Power of the Solo for Inka?
Soshan: If you have a business that's profitable, and you have a solo foroon k, so you are the employer and the employee. How you might utilize the tax code to maximize the power of the solo? Foroin gy: You can make 19 thousand 500 as an employee into a traditional or a wroth solo. But it gets even better. Soshan: When you're self employed, not only do you pay income tax, you pay self employment tax which is essentially fika tax for w two employees.
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