Handyman Business Taxes. (How To Pay Less)

Handyman Business Taxes. (How To Pay Less) As handymen we are really good at fixing homes but often struggle with knowing about handyman taxes. As a handyman there are some great ways where you can pay less taxes if you do things right. In this video we talk about handyman business taxes in a way where you can apply what you hear!
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Video Chapter Titles:
00:00: • Handyman Business Taxe... Handyman Taxes Introduction
01:10: Business Structure for Handyman Taxes
01:39: Sole Proprietor Taxes
02:21: Estimated Income Taxes for Sole Proprietors
02:49: LLC vs. S Corp. vs. C Corp.
04:13: Business Structure and Expense Tracking for Taxes
04:42: Recommendation for tracking income and expenses (QuickBooks)
07:00: Examples of tax-deductible expenses for handyman businesses.
08:10: More examples of tax-deductible expenses for handyman businesses:
10:01: Consulting a Tax Professional
11:11: ⏳ Importance of Timely Tax Tracking and Record keeping for Handyman Businesses
12:22: Free Online Tax Resources for Handyman Businesses
13:53: Join the Handyman Journey Mastermind group on Facebook
14:17: Outro

[@handymanjourney]

What's your tax story? Have you made any mistakes I have?😮

[@jamesrecknor6752]

I am very grateful for the life changing help I have gotten from brother Allen

[@handymanjourney]

Your so welcome! I am so glad my videos are helpful!!

[@russellgutmann7960]

Allen, thank you. Your videos, along with my wife's nudging, pushed me to quit a welding job start a handyman business last year. Thank you!

[@handymanjourney]

Fantastic! I am so glad I could help! Keep up the great work!💪

[@givennameidk4515]

Thank you for all these videos .

[@handymanjourney]

Your so welcome!

[@normgraham6658]

I was a sole proprietor for over 20 years, I switched to an LLC and became an employee of my own company and my taxes got cut in 1/2.... I highly recommend doing an LLC or S corp.