How To Start A Business! LLC v S-Corp w/ Steve from Accounting (F&F's Accountant)

Steve will be giving us an IN-DEPTH breakdown!
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?Intro/Outro Music?
Intro➜Future & The Weeknd - Low Life Trap Remix (Apato Remix)
Outro➜Phetsta - Push it to the Limit (Bootleg)
Afterhours➜Laura Branigan - Self Control (New Techno Remix 2021)
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?Time Stamps?
0:00 - 1:05 - Introduction
1:16 - Announcements
4:17 - Super chats/Supporters
5:32 - Guest: Steve the Accountant
7:25 - Starting a Business
12:22 - Summary
13:18 - LLC vs S corp
16:04 - Benefits
16:57 - LLC vs S corp continued
19:58 - Super chats
21:00 - Income shifting
22:02 - Quick recap
22:50 - Capitol Gains Tax Explained
26:13 - What is a 1031 exchange?
31:06 - How to put your business in the best tax situation
35:33 - Issues
37:22 - Schedule C issues
40:35 - Super chats
41:53 - Quick Summary
43:20 - Restaurants and Taxes
46:47 - What is a Tax write-off?
50:15 - What is Depreciation?
53:23 - Forex Traders
54:27 - 2 LLCs to S Corp possible?
55:07 - Superchats
57:10 - F&F Spirit BOMB/Identity IQ
1:03:55 - Superchats
1:04:23 - How to get S corp benefits with LLC?
1:05:49 - Different country tax question?
1:07:02 - S corp and UBER?
1:07:21 - Can the Crypto course/DMs on demand course be a tax write off?
1:08:44 - Purchasing Different Corp. types
1:10:10 - Truck Drivers
1:13:40 - Higher standard
1:14:21 - Selling car = Capitol Gains?
1:16:36 - State location LLCs?
1:17:54 - Crypto S corp?
1:20:49 - What is a 1099?
1:21:56 - CPS notice and no receipts?
1:25:00 - Key to high revenue and Taxation on stocks?
1:28:17 - Where can you find him?
1:30:02 - Info about New Loan SBA EIDL (WATCH THIS)
1:35:37 - Flipping money through loan
1:37:34 - Follow Steve/Book
1:38:33 - Outro
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