LLC & Taxes! What 90% of Barbers Don't Know About WEALTH!

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  • Опубликовано: 10 сен 2024

Комментарии • 94

  • @Bossiocuts
    @Bossiocuts  4 года назад +110

    Knowledge is power. Love y’all, let’s grow!!!

    • @PoloBlendz
      @PoloBlendz 4 года назад

      Facts, keep growing bro

    • @Andrewthenext
      @Andrewthenext 4 года назад +2

      Applied knowledge is !

    • @magfadez1855
      @magfadez1855 4 года назад

      🙏🏼bless up Chris !! Just subscribed to your other Channel! Blessing all of us with great knowledge

    • @ball1nalb0
      @ball1nalb0 4 года назад

      Whats going on with the compressor man? Been ordered two months now no word........

    • @CarterMusicEnt
      @CarterMusicEnt 3 года назад

      💪💙💙💙💙💙💙

  • @Hmura11
    @Hmura11 4 года назад +45

    Only barber out here that is helping people overall, not just how to get the beste cut but also about finance and alot more. Thank you chris 🙌🙏

  • @tilltheend17
    @tilltheend17 4 года назад +8

    Facts and good knowledge here... bout to graduate with that accounting degree and work on getting being a CPA to help out all the barbers out here! There is real value in partnering or building a relationship with an accountant if you’re serious about your business!!!

  • @luisolivares9464
    @luisolivares9464 2 года назад +2

    You're giving away free game bro, thankyou so much! You're also one of the reasons I'm now in barber school, thanks Bossio.

  • @frankwhite3148
    @frankwhite3148 4 года назад +2

    Playboy... Love it. Knowledge is power in every aspect of life. That's why I tell my kids to read. No cable in this house. Just Internet for information they need. Don't get me wrong, they live a good life and we see movies together and but its all about getting them ready for life. LOCKED IN PLAYBOY... LOVE THESE VIDS... YOU GOT TO SHOW THEM HOW YOU STRUGGLE TO KEEP THAT CASH COMING IN. NEVER QUIT. NEVER SURRENDER. KEEP THEM COMING.... 💯

  • @christopherbrown6911
    @christopherbrown6911 3 года назад +2

    This is Chris Brown at Razor Sharp Hair Creations. Bossio thanks so much for the positivity and the info. Gonna do that S Corp fo sho. Blessing to you bro! Keep those awesome cutz and education jumping!

  • @massterrbarber
    @massterrbarber Год назад

    Facts co mingling funds is a major problem for anyone who has an llc and if the irs or the people who are suing them find out that you are putting your money 💰 into your personal account or vice versa they can now go after your personal accounts and business accounts and that is why you must pay the business to the business or if you take out the business to use for personal purposes . This is very strong 💪 content and has to be taken very seriously.

  • @bonnielizarraga2430
    @bonnielizarraga2430 10 месяцев назад

    Thank you as a businesswoman I have learned the hard way, but videos like this help me a lot

  • @onlyoneromeo
    @onlyoneromeo 4 года назад +2

    Finally someone who describes in depth and detail what piercing the corporate vail is and how it works.

  • @Jameswalterss7
    @Jameswalterss7 3 года назад +1

    Wow this is a total game changer I keep hearing about LLC this a Corp that and I have no clue what the heck either one of them so thank you I might have to watch this video a few more times and I’m already growing up some creative questions for my CPA thank you again.

  • @nicholasrodriguez2581
    @nicholasrodriguez2581 6 месяцев назад

    My brother owns a few barber shops , but he won't share his knowledge with me. My brother is a shrewed evil business dude. But, I'm learning a lot on your information. Thanks

  • @GoodJob_Kwad
    @GoodJob_Kwad 9 месяцев назад

    Love these financial/educational type of videos they’re timeless!!

  • @shaunallencuts
    @shaunallencuts 3 года назад +1

    I know this was 9 months ago but bro...😱you blessed my life. Thank you...I needed help on paper trails and organizing my finances. 💯

  • @j.o8707
    @j.o8707 4 года назад +1

    Not even a barber but I appreciate the general wealth knowledge especially in the first few videos. Learning to build a side business as a personal trainer and some of the concepts from these still carry over. Keep it up dude

  • @edwardlopez8722
    @edwardlopez8722 2 года назад

    I have 0 financial education and want to start barbering this helps soo much!

  • @1waysomehow
    @1waysomehow 3 года назад

    bossio very appreciative bro you don’t know how much

  • @jamesduncan37
    @jamesduncan37 2 года назад

    This is pure nuggets, Brah!!!! where have you been all my life?

  • @dominic636
    @dominic636 4 года назад +1

    Keep doin your thing champ!!! Much respect on the wealth content✊🏾

  • @the86driver
    @the86driver 3 года назад

    Idk how I missed this video. But let's go. Dropping gems as usual bossio

  • @davidwalker2144
    @davidwalker2144 3 года назад +1

    an old man told me that the social media would be the downfall of all mankind
    Years later I think he may have been right!

  • @obrothers6472
    @obrothers6472 2 года назад

    I really appreciate these gems brother!!!! Thank you

  • @whatsinthebox8035
    @whatsinthebox8035 2 года назад

    Awesome Information 👊🏼Taking Barbers to Another Level 🙏🏼

  • @dominicgalindo987
    @dominicgalindo987 4 года назад

    Appreciate the free game brotha 💯🧿 Keep killing it,

  • @TheSoldierBarberLife
    @TheSoldierBarberLife 3 года назад

    Love these type of videos. Growing all 2021!

  • @PoloBlendz
    @PoloBlendz 4 года назад +1

    Yeah bro already watched all the videos in the Bossio Builds Wealth channel and I've went in some of the lives there too. Definitely learned a lot and agree to what you're saying bro, you definitely deserve more subs on that other channel!!! Hopefully u do some lives soon!!! Keep going bro, you're my favorite barber 👌🏽💪🏽💯🔥

  • @mikescissorhands2003
    @mikescissorhands2003 6 месяцев назад

    Great video!!! Thank you.🙏🏾

  • @davidrivera6627
    @davidrivera6627 4 года назад +3

    Bossio, thank you again. I am a traveling technician that cuts hair as a side hustle. I am going to buy the books and trying to apply the science you're dropping on us. My side business makes pretty good money but I am not a license Barber. I will do some more research to make sure that I am within my rights. Don't need the man on my back.😉

    • @petermackx310
      @petermackx310 4 года назад

      I’m with you on this one brotha! I do too cut hair as a side hustle but not a license barber. Hopefully bossio could help us on this one 💯

  • @MikeWillBlendIt
    @MikeWillBlendIt 4 года назад +1

    Thanks so much for the info bro I’m getting ready to graduate barber school and this video helped out a lot 🙏🏾

  • @livelyfe9592
    @livelyfe9592 Год назад

    Damn it’s 2023…. Great video anyway

  • @henrydabarber
    @henrydabarber 7 месяцев назад

    This is very informative ‼️

  • @kendrickcarter5909
    @kendrickcarter5909 8 месяцев назад

    This is great bro!

  • @sandrasullivan6095
    @sandrasullivan6095 Год назад

    Eye opening! For sure

  • @user-oj6dm2dr4i
    @user-oj6dm2dr4i 4 года назад

    You a real one for this !

  • @massterrbarber
    @massterrbarber 10 месяцев назад

    💎💎💎💎💎💪🌱 thank you 🙏 for your content.

  • @talib__917junaid8
    @talib__917junaid8 4 года назад +4

    The more I learn about taxes, I get more aggravated By the second. I was literally shaking my head the whole video ( not at you) . I mean I know it’s a reality but dammmmm. Get your hand out my pocket cuzz. 🧐. Appreciate the jewels. Definitely got some homework to do now that you opened my eyes to this. Good lookin fam.

    • @elithebarberstudio
      @elithebarberstudio 3 года назад +2

      Actually if you learn the S Corp and IRS system is your hand in their pocket pulling out money into your pocket

  • @user12_58
    @user12_58 4 года назад

    Yea bro I watched every single video that you dropped on bossio wealth. It’s good learn more

  • @kniik-knaak
    @kniik-knaak 4 года назад

    Omg, so much info. Easy and hard to understand, I hate that I dont kno this stuff

  • @joelsarabia7273
    @joelsarabia7273 4 года назад +2

    Yo Chris can you try and get a hold on gamma absolute alpha and do a review I would appreciate it

  • @NikkiGrimm
    @NikkiGrimm Год назад

    Dba is not a legal entity. It is doing business as. It’s required when your business is called something that doesn’t include your full name.

  • @morarch7
    @morarch7 4 года назад

    Excellent info per usual thanks for your great content!

  • @barberfg33
    @barberfg33 4 года назад

    Thx Chris I have learned a lot with this!

  • @marcuswilliams6966
    @marcuswilliams6966 3 года назад

    Thank you for this !!

  • @esbebe_
    @esbebe_ 4 года назад

    uffff super dope video thanks💈💈

  • @nicolasaguayo6148
    @nicolasaguayo6148 2 года назад

    I have read a few rich dad books but never the tax free one. Will check it out! Good video. Any chance you can share if you do you own bookkeeping and how?

  • @jakechambers9459
    @jakechambers9459 3 года назад

    You the Goat

  • @giogonzo1111
    @giogonzo1111 Год назад

    Bossio da goat

  • @zzsaul8075
    @zzsaul8075 4 года назад

    💯💯💯💯Im 17 Im gana be blessed cuz of ur advice

  • @Antwan.Frazier
    @Antwan.Frazier 4 года назад

    Great video

  • @waykicompany
    @waykicompany 2 года назад

    HERMANO MUCHAS GRACIAS, PODEMOS HACERLO EN ESPANOL PARA QUE TAMBIEN LOS BARBEROS LATINOS PUEDAN SABERLO... UN ABRAZO, Y SALUDOS.

  • @Tinocutitot
    @Tinocutitot 4 года назад +2

    💎

  • @knoxcutz2578
    @knoxcutz2578 4 года назад

    Noti gang!

  • @triniredd28
    @triniredd28 2 года назад

    I know this is like a year later but if you make short versions here, and make the longer versions on the other website, it should generate more views for both...

    • @triniredd28
      @triniredd28 2 года назад

      Channel, not website. Lol

  • @titobeatsproduction
    @titobeatsproduction 4 года назад +1

    🔥🔥

  • @riverablends1461
    @riverablends1461 3 года назад +1

    Hey I love the video. I just had one question if last year I made 53K in gross income and 16k in net. Should I stay as a Sole proprietorship or switch to a S-Corp?

  • @raymanali.2281
    @raymanali.2281 4 года назад

    Will you do a review on the Kemei skeleton trimmer ?

  • @trill8508
    @trill8508 Год назад

    Damn all these damn taxes you gotta pay

  • @user-vq8pz5xm6k
    @user-vq8pz5xm6k 6 месяцев назад

    Can i set up a personal bank account and use it as a business account without an LLC ?

  • @jordanbrundidge
    @jordanbrundidge 4 года назад

    Liked the last video and this one I would like to get in contact with you current a 19 yr old barber finishing up barber school and would like to pick your brain 🧠 with expanding business and income and currently going to school

  • @OhsebioElBarber
    @OhsebioElBarber 7 месяцев назад

    What is a decent income to start S corp

  • @thegoat57
    @thegoat57 2 года назад

    So if im opening a brand new shop i should just do self employed for the first few month untill it starts to make money?

  • @johnedwards8612
    @johnedwards8612 4 года назад

    What is the other channel bro, I been wanting to subscribe

    • @MegaGreva
      @MegaGreva 4 года назад

      Bossio builds wealth

  • @jaysoreal9292
    @jaysoreal9292 Год назад

    Can you use that home office as a tax write off if you rent a house or do you have to own a home?

  • @EDjustthatcool
    @EDjustthatcool Год назад

    Look like lil Romeo in this video 😅

  • @Thetruth3434
    @Thetruth3434 Год назад

    Sole prop n dba same thing Chris?

  • @Tommy2Txmes
    @Tommy2Txmes 4 года назад

    U ever thought of doing a barber podcast?

  • @j.cameron7563
    @j.cameron7563 Год назад

    What’s your other channel?

  • @tbeedwin2176
    @tbeedwin2176 4 года назад

    What does your online academy provide?

  • @elithebarberstudio
    @elithebarberstudio 3 года назад

    I'm a barber S. Corp only making about $700 or $800 a week Should I put myself on payroll ? & if I do what would a reasonable income would be?
    And is it true that I will pay double Medicare, Social Security, unemployment blah blah blah blah

    • @AdrianaSanchez05
      @AdrianaSanchez05 2 месяца назад +1

      Did you figure this out? What ended up working for you? Just starting out as a hair stylist and deciding what I should do

  • @mgarcia5799
    @mgarcia5799 4 года назад

    NUGGETS !!!!!!!! 💰

  • @alexvaldez7317
    @alexvaldez7317 4 года назад

    💪🏻💪🏻💪🏻

  • @naiarre4988
    @naiarre4988 2 года назад

    If you put your assets in a trust, you start playing chess

  • @leofade3751
    @leofade3751 4 года назад +1

    Kuts✂️🙏

  • @matthewcain2880
    @matthewcain2880 2 года назад

    What amount of money should then someone consider opening a s corp? Ty

    • @Bossiocuts
      @Bossiocuts  2 года назад +1

      40-50k depending on your state but I’d ask an accountant

    • @matthewcain2880
      @matthewcain2880 2 года назад

      @@Bossiocuts and if barber was making less just file as self employed? Also, if we only file as self employed can we still write off most of our business experience including gas, food, clothes, booth rental?

  • @wavyy.jhonny2xx343
    @wavyy.jhonny2xx343 4 года назад

    Wait...did he say “March 28th”?😂