Reducing Your Business Owner Clients' Exposure to Social Security and Self-Employment Taxes Webinar

• Identify what kinds of income are and are not subject to Social Security and self-employment tax
• Understand how the  self-employment tax applies to  general partners, limited partners, and LLC members
• Determine how using a pass-through entity can reduce or eliminate employment tax for the principals and family members
• Understand how the 0.9% tax and the 3.8% tax apply to self-employment income and earned income

• Section 1402(a)(1) exclusions from the definition of self-employment income
• Application of the SE tax to members of limited liability companies
• Taking a self-employed owner's health insurance deductions taken against self-employment tax
• How using the S corporation and the MMLLC treated as a partnership can help reduce an individual's exposure to self-employment tax
• How hiring a spouse and/or children helps reduce self-employment tax
• Differentiating between income treated as self-employment income and income that is not self-employment income