Tax Series Pt 7: Getting a paycheck from your side-hustle can DROP your TAXES by this much! #316

SEND US A TEXT MESSAGE!!! Let Drs. Nii & Renee know what you think about the show! Nii addresses what putting yourself on the payroll for your side-hustle does to your taxes. We have special guest, Eric McGlothen, CPA and Founder of Eric McGlothen, LLC. Things to expect in this episode: Benefits of putting family members on payroll, including federal tax perksLLC, S Corp, and C Corp strategiesThe false security of W-2 employment401Ks and paying your health insurance through y...

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Docs Outside the Box is a fusion of money, medicine, and pop culture. After paying off $662,000 in student loan debt, quitting their jobs, and launching 3 businesses, husband and wife, Drs. Nii and Renée Darko, have a lot to say about earning, saving, and investing your way to the lifestyle you’ve always wanted. These two docs parley about personal finance, careers, and the real world. Tune in for the gems. 💎 Stay for the laughs .😂 Welcome to medicine’s new media!