Q&A: LLC Tax Write-offs, Child Tax Credit, Self-Employment, Business Entities, & More!

Our CPAs, Krystal and Sherman, went live to answer all of your questions. Skip to the timestamp that most closely relates to your question!

Intro: (0:00)
Can you write-off Affiliate expenses?: (18:47)
Can your Accountant PROTECT you?: (20:20)
Why Didn't I Receive the Child Tax Credit?: (21:40)
PPP FRAUD: (24:00)
When will LYFE accept clients?: (26:50)
Can I write-off credit card fees?: (28:42)
Adding my kids to payroll?: (28:50)
When to switch to S-Corp?: (31:20)
Who pays self-employment tax?: (33:50)
How do I pay myself in my LLC?: (36:10)
Can I add my logo to my vehicle and write it off?: (39:30)
Should I my personal mortgage with my business LLC?: (41:30)
Can I write-off shirts with my logo on it as an ad expense?: (43:45)
How did we start LYFE Accounting?: (46:00)
Advice for new accountants: (48:20)
Which entity should you start with? : (50:00)
My ex is stealing my Child Tax Credit!?: (52:23)
How do you pay quarterly taxes?: (55:30)
Should I pay taxes from a Business or Personal account?: (57:00)
Do I pay taxes on profits when I re-invest?: (58:50)
How did we get started with YouTube?: (1:01:00)
Can I write-off ebay fees? : (1:02:30)
Do I pay self-employment tax on the money I pay myself?: (1:03:30)
How often will we go live? : (1:05:46)
Do I need a business plan for a loan? : (1:06:20)
Can I write-off travel?: (1:08:20)

Видео Q&A: LLC Tax Write-offs, Child Tax Credit, Self-Employment, Business Entities, & More! канала LYFE Accounting