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Corporate Resolution to Establish Section 162 Executive Bonus Plan Form

Corporate Resolution to Establish Section 162 Executive Bonus Plan Form

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what's up guys it's michael here in this video we're going to talk about why is it so beneficial to become a business owner and what type of write-offs they can take so a lot of people say the rich get richer and the poor gets poorer and the reason why is is simple as taxes so becoming a business owner gets way more benefits than becoming an employee here i'm going to recite this article that's written by the united states and by the irs so as you see in previous videos like graham steffens he mentioned there's a section article 179 showing off what type of write-offs and also there's another section article 162 that gives another section of write-offs for specific purposes as business owners so the reason why it's so complicated is because the politicians make it complicated because they make the tax code itself extremely complicated but before this video begins just a disclaimer i'm not your financial advisor and

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