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Nest Monthly Meeting 4 - Shared screen with speaker view
NEST NEST
03:30
Good morning! We will begin shortly as people hop on!
Coleen The Blok
25:26
Are the categories already in the drop down? Or do we have to create our own?
Lauri Myers
26:50
If I'm using a different software program for my kind of business how can the two work together if the one I'm using doesn't connect to my bank?
Coleen The Blok
26:59
How do you create an expense? When would be the best time to create that?
Lauri Myers
01:09:42
I'm a sole proprietor, from what I understand I don't have to get an EIN. Am I wrong??
Tiffany Allison
01:24:53
What would be the benefit of an S Corp?
Drake Vant Hul
01:25:42
bullet point 3 is a huge benefit. No Self Employment taxes on the profit.
Lauri Myers
01:35:54
I don't have a business savings account, should I have one?
Drake Vant Hul
01:37:14
not necessarily. They can be beneficial for maybe saving for taxes or large purchases in the future. It's up to you how well you can spend money inside your checking account. If you don't save well, it may make sense to move money out of the checking account to put in savings to avoid spending it.
Lauri Myers
01:38:04
Thank you Drake
Lauri Myers
01:57:01
What is the difference from S-Corp and a Partnership? On taxes
NEST NEST
02:05:46
Take your time! All good!
Laura Formanek - she/her
02:08:44
I have a question about the juncture of bookkeeping with a CPA and also how it relates to open enrollment for healthcare...might be super specific to me :)
NEST NEST
02:22:11
We are good on time!