Small business taxes for beginners. There has been a record-breaking number of LLCs created in the last two years according to US business formation statistics. Of course, this means there will be a lot of new business owners who need to learn how to handle their taxes. Book a Discovery Call: https://schedule.lyfetaxes.com/discoveryapplication Timestamps Preview/Intro (0:00) Individual Income Tax (1:54) Corporate Taxes (3:38) Payroll Taxes (4:40) Self-Employment Taxes (5:31) Other Uncommon Taxes (6:54) How to Pay Business Taxes (8:27) Business Tax Deductions (11:44) Compliance Checklist (13:33) IRS Receipt Requirements (15:45) Other Popular Uploads: IRS Audit & Tax Court Cases: https://youtu.be/jLtBr-aKQ-w 7 Popular Tax Write-Offs That Could Trigger an IRS Audit: https://youtu.be/vbg-b9D3bsQ IRS Receipt Requirements: https://youtu.be/R7BNZPCz310 Single Member LLC, What You Must Know: https://youtu.be/iHy1xLYqS6Q How to Start a Business: https://youtu.be/gEICb03wQng How to File Your Taxes as an LLC: https://youtu.be/vqsghJV1AbU 5 Startup Grants: https://youtu.be/FweABu-XPNM Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos! /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).