Thinking about starting your own business? There are a lot of things you need to plan for before you can go around bragging about running your own corporation.

New Focus on Wealth with Chad Burton

English - June 06, 2020 04:00 - 40 minutes - 9.55 MB - ★★★★ - 60 ratings
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Previous Episode: Civil unrest is surging across the nation and historically it hasn’t harmed the market. Rob takes over today to discuss what economic factors do bother him.

Next Episode: The S&P 500 erased its losses for the year following one of the most volatile markets ever recorded. Did you remain invested throughout it?

Being able to tell people you own a corporation just sounds cool. Though the phrase might is indeed fun to throw around, the responsibilities and everything that follows are not. Health insurance benefits, 401k match and disability benefits go away... but at least your taxes go up! Today I tackle self employment issues, maximizing your retirement savings and how to minimize the dreaded self-employment tax. Other topics:

Looking at how the stock market preformed last month Are stimulus checks taxable? Managing your cortisol and inflammation levels

Email your money question to [email protected] , or call the show at 1-800-516-1220 on Tuesday's and Wednesday's from 6:00-7:00 a.m. (PDT)

Call 1-888-762-2423 for Wealth Management and Financial Planning services or visit www.NewFocusFinancial.com.