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Video instructions and help with filling out and completing Fill Form 1094 B Employed

Instructions and Help about Fill Form 1094 B Employed

Hey everybody, how are you doing? Is that the best when the best service is unlimited? Today, we're going to talk about taxes. We're gonna have a Q&A session and discuss any tax-related questions you may have. Right now, they're saying they're building an audience for me, so we'll stand by. I'll also allow a couple of people who just joined in to share it, and then we'll start talking about taxes. A lot of people have questions about taxes, and I want to give you answers because I believe knowledge is power and key. The Dalai Lama once said, "If you share your knowledge, you become immortal." So, I like to share my knowledge with others. We'll give a few more minutes for people to come on, and then we'll take questions about taxes. If you have any questions about taxes, ask me, and I'll do my best to provide you with answers based on my knowledge. I want to give a shoutout to Michelle who's watching. Thank you for tuning in. We had a conversation about taxes when we met on the cruise, so feel free to ask any questions you may have. Today, I received a great question about someone wanting to change their LLC to an S corp. All it takes is to file a form called a 2553 with the IRS to change your LLC's tax designation to an S corp. However, keep in mind that when you're an S corp, you're taxed on the profits the company makes. Another question I received was about being an independent contractor, especially for Uber, Lyft, or selling stuff on eBay. If you receive over $600 from PayPal, they'll send you a 1099-K, which gets reported to the IRS. Remember, not all sales are taxable as you can...