Sacramento & Co. Showcases How to Legally Protect All Your Assets
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Uploaded on May 4, 2011
Protecting your assets as a small business owner is vital to the survival of the business and one's livelihood. That protection should include both personal and business related assets. If you are a small business owner and want to know how and if you are properly protected, David McCauley, with Leaders Without Limits shares information about this issue and their upcoming workshops for individuals and small business owners.
Reduction in Self Employment Tax
- Self employed individuals must pay a self employment tax of 15.3% on top of income tax for the first $106,800 income they earned in 2010 as a sole proprietor
- Corporations do not pay self employment tax and that saves you 15.3% on your monthly income.
15% Tax Rate
- Corporate federal tax is payable at only 15% on the first $50,000 of "Net" income
- The law states that it's the responsibility of each tax individual to structure their business affairs to minimize the amount of tax payable. Its your responsibility.
Asset Protection Workshop
Saturday, April 23
10:00 - 4:00pm
-Includes workshop, materials & 5-star buffet
$299.00 & Bring A Guest For Free
Register Now By Calling Toll Free 1-877-652-1868
Calif. Office (916) 652-8122 or visit:
Leaders Without Limits, Inc.
6100 Horseshoe Bar Road, Suite C
Loomis, CA 95650
235 SE Yew Lane, Suite 210
Bend, OR 97702
7514 Westcliff Drive
Las Vegas, NV 89145
David McCauley is happy to provide his opinion on asset protection, business and lifestyle choices. This information is for general informational purposes only. It is not meant to replace the advice of your attorney and is not intended to constitute legal, investment, accounting, tax, or any type of professional advice addressed to any specific situation, individual or entity. If legal advice or other expert assistance is required, please contact your attorney directly.
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