What Taxes do Small Business Owners Pay?

[@brauerbar]

Excellent! I’m using your video to educate my clients because you made it simple to understand 😊

[@JamieTrull]

Awesome! Keeping it simple is the goal! 😄

[@modicafleming]

Good info thanks

[@JamieTrull]

You're welcome!

[@josafattacos3654]

Good Video! How much money should i set asid for taxes

[@marketingempiregroup]

That’s what im talking about. 💯 We should connect, there may be some ways for us to work together.

[@daynescott1]

Thanks for the video. I live in CA and have an S corp and am paid a W2. I paid all my 2022 taxes (Federal, State, and Estimated taxes) from my business account. My bookkeeper is now asking me which taxes are business and which taxes are personal for write off purposes so she does my books accordingly. Is there a simple way to know this? I sent her both my personal tax return and my separate S Corporation return and she still did not know. Thanks for much for the help! I just subscribed.

[@JamieTrull]

Great question, I would love to answer that for you on my next live show! You can submit this question here for me to answer: www.JamieTrull.com/KZbin

[@DavonDukes]

do you have to do your business tax separate from personal?

[@JamieTrull]

Unless you file as a Corporation or a Partnership, a self-employed small biz owner will file a Schedule C along with their regular 1040. So there is no separate business filing, its all included in your personal tax filing.