35 \\ Self-Employment Taxes Explained: How to Reduce Your Biggest Business Expense

Are self-employment taxes eating up your income? In this episode, we break down the taxes small business owners face—including self-employment tax, payroll tax, capital gains, and ordinary income tax—and why running a business is very different from being an employee. You’ll learn how self-employment tax works, why new business owners get blindsided by tax bills, and why strategies like S corporation elections, tax planning, and better withholding can save you thousands. We also cover the difference between ordinary income and capital gains, tax brackets, and how to start thinking strategically so taxes stop being your biggest expense. If you want to keep more of what you earn and stop feeling buried by taxes, this episode will show you where to start.

 

Next Steps:

💰Pay Less in Taxes – Start Here! 💰

☎️ Are you overpaying in taxes every year?  Schedule a FREE discovery call to find out!

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