Navi Maraj CPA – Learn How To Save Thousands In Taxes

Small Business Taxes From Knowing Nothing to Saving Thousands.

What You’ll Learn In Learn How To Save Thousands In Taxes

Welcome and Orientation!

• What Will You Learn?
• How to Use this Course?
• About Me
• Two Disclaimers Before Proceeding

Building the Foundation: Part 1 – Taxes

• Intro to Building the Foundation Part 1
• What Taxes is a Business Subject To?
• Tax Comparison: Employee vs. Sole Proprietor vs. S Corporation
• Marginal & Effective Tax Rate Calculator and Tax Brackets
• What is a Progressive Tax System?
• What is a Marginal Tax Rate?
• What is an Effective Tax Rate?
• The Value of a Tax Deduction
• When To Pay Your Taxes as A Business Owner
• Income Tax Returns for Sole Proprietors & S Corporations
• Please Read: Section Check In

Tax Strategies

• Three Phases of Tax Strategies
• Intro to The Tax Savings Estimator Tool
• Download the Tax Savings Estimator Tool
• Administrative Home Office
• Automobile
• Cell Phone & Internet
• Meals
• Travel
• Hiring Minor Children
• Health Insurance Premiums
• Often Missed Deductions
• Phase 2: Intro to Tax Classification Optimization
• The Difference between Legal Entities & Tax Classifications
• Sidebar: When Does an S Corp Make Financial Sense?
• Salary Optimization and Payroll Matrix
• Access the Payroll Matrix
• Integrating Tax Classification & Salary Optimization into the Tax Savings Tool
• Sidebar: Multi Member LLC (MMLLC)
• Phase 3: Retirement
• How Much Will You Save? (Let me and other students know in the comments.)
• Section Check In

Building the Foundation: Part 2 – Financial Accounting

• Intro to Building the Foundation Part 2
• Overview of the Financial Statements: P&L and Balance Sheet
• The Accounting Equation
• The Chart of Accounts
• Journal Entries, T Accounts and the Accounting Equation
• Putting It All Together
• Section Summary
• Section Check In

Implementation: Getting Started

• Intro to Implementation
• Forming Your Business Entity
• Where to Form Your LLC
• 4 Reasons NOT to be taxed as an S Corp (Give this a read before making the S Corp election for your LLC)
• How and When to Complete a W-9
• QuickBooks Online Discount
• Creating a QuickBooks Online Account
• Overview of QuickBooks Online Menus and Settings
• Customizing the Chart of Accounts in QuickBooks Online
• Linking Your Bank Account to QBO & Capital Accounts Bookkeeping
• Transferring Money to and From Business Accounts
• Section Check In

Implementation of Tax Strategies

• Disclaimer: Tax is Law
• Introduction to The Accountable Plan
• Home Office, Auto, Cell Phone & Internet via the Accountable Plan
• Sidebar: S Corp Home Office
• Sidebar: Auto
• Meals
• Travel
• Hiring Children
• Healthcare Premiums
• Contract Labour
• Business Gifts
• Whoops! I used the wrong account.
• Financial Statements After Recording Expenses
• Bookkeeping for Revenue
• Financial Statements After Recording Revenue
• What is a Reconciliation and How to Reconcile an Account in QuickBooks?
• Section Check In

Other QuickBooks Bookkeeping Tips

• Splitting a Transaction between Business and Personal
• How to Recategorize an Expense?
• Adding an Account or Subaccount to the Chart of Accounts

Implementation of Tax Strategies: Payroll

• Introduction to Payroll Section
• Paying Yourself as a Sole Proprietor
• Paying Yourself as an S Corporation
• Pay stub Walkthrough
• Setting Up Payroll in QBO
• Accounting for Officer Compensation and Non-Officer Wages
• S Corp Owner Health Insurance Tax Savings & Implementation
• Bookkeeping for Payroll in QBO
• Section Check In

Implementation of Tax Strategies: Retirement

• Introduction to Retirement Section
• Questions to Answer Related to Retirement
• Your Retirement Vehicle Options
• The IRA
• The SEP IRA
• The Solo 401(k)
• Where Deductions Will Appear on Your Tax Returns
• Adding Employee Deferral in QuickBooks Payroll
• Bookkeeping for Employee Deferral & Associated Liability
• Section Check In

Paying Taxes

• Intro to Paying Taxes
• Paying Taxes as a Sole Proprietor
• Paying Taxes as an S Corporation
• Paying Taxes as an S Corporation – Bookkeeping & Associated Liabilities
• Section Check In

Sale Page: Navi Maraj CPA – Learn How To Save Thousands In Taxes

When will I receive my course?

You will receive a link to download your course immediately or within 1 to 21 days. It depends on the product you buy, so please read the short description of the product carefully before making a purchase.

How is my course delivered?

We share courses through Google Drive, so once your order is complete, you'll receive an invitation to view the course in your email.

To avoid any delay in delivery, please provide a Google mail and enter your email address correctly in the Checkout Page.

In case you submit a wrong email address, please contact us to resend the course to the correct email.

How do I check status of my order?

Please log in to MMOCourse account then go to Order Page. You will find all your orders includes number, date, status and total price.

If the status is Processing: Your course is being uploaded. Please be patient and wait for us to complete your order. If your order has multiple courses and one of them has not been updated with the download link, the status of the order is also Processing.

If the status is Completed: Your course is ready for immediate download. Click "VIEW" to view details and download the course.

Where can I find my course?

Once your order is complete, a link to download the course will automatically be sent to your email.

You can also get the download link by logging into your MMOCourse.org account then going to Downloads Page.