Payroll 101: How Payroll Works
Payroll 101: How Payroll Works
There are four technical aspects of payroll that will help you understand how payroll works.
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You will continue to pay FICA Social Security payroll taxes as long as you earn an income AND your income will continue to be subject to income taxes forever! | The Medicare Family
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More on my expenses ⬇️ Payroll should be around 30%. I was operating at 60-80% the first little bit 🫣🥵no, im not on the payroll! I have learned SO SO much about the amount of staff i need in the bar and helping with catering orders. There was also so much training that happened which is what accounted for a lot of the payroll to begin with. That is so encouraging for me! Payroll is now averaging around 32%. Still a bit high but so so much better. Rent and taxes can’t exactly be controlled like
1:22
More on my expenses ⬇️ Payroll should be around 30%. I was operating at 60-80% the first little bit 🫣🥵no, im not on the payroll! I have learned SO SO much about the amount of staff i need in the bar and helping with catering orders. There was also so much training that happened which is what accounted for a lot of the payroll to begin with. That is so encouraging for me! Payroll is now averaging around 32%. Still a bit high but so so much better. Rent and taxes can’t exactly be controlled like
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Bonus tip: 💡 Comment “webinar” for free access to the *Kids on Payroll Webinar* to learn how to hire your kids, save on taxes 💰, and grow generational wealth 💸👨‍👩‍👧‍👦.🏘️ *Cost segregation* is a way for real estate investors to quickly deduct the depreciation of a property—anything from a single-family home 🏡 to an office building 🏢 or retail storefront 🏬—against their taxable income. The depreciation of any investment real estate you own can be written off on your income taxes over ti
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Bonus tip: 💡 Comment “webinar” for free access to the *Kids on Payroll Webinar* to learn how to hire your kids, save on taxes 💰, and grow generational wealth 💸👨‍👩‍👧‍👦.🏘️ *Cost segregation* is a way for real estate investors to quickly deduct the depreciation of a property—anything from a single-family home 🏡 to an office building 🏢 or retail storefront 🏬—against their taxable income. The depreciation of any investment real estate you own can be written off on your income taxes over ti
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