@itsyourmoney.bsky.socialRealtors are self-employed. No withholding, quarterly estimated taxes & deductible expenses that need documentation all year. It's Your Money | DFW itsyourmoney.us/services/tax-services #SelfEmployedTaxes #TaxDeductions #DFWTaxes
@itsyourmoney.bsky.socialSole proprietor or LLC? You pay SE tax on all profit.
An S-Corp election splits it: reasonable salary (taxed) + distributions (not subject to SE tax).
Not for everyone — but worth understanding.
It's Your Money | SeaBreezeAMZ, Inc.
[email protected]
@itsyourmoney.bsky.socialSigns your taxes have outgrown DIY:
→ You own a business or LLC
→ Multiple income sources
→ Missed quarterly estimates
→ IRS notice received
→ Major life changes this year
It's Your Money | SeaBreezeAMZ, Inc.
[email protected] | +1 469-638-7267
