Impact Complex Financials & Films

06:11
Epic Cinematic Travel FPV Drone Wedding Proposal
The world's first-ever Cinematic FPV Drone Proposal through DJI FPV Goggles. When the videographer (me) just HAD to film his own proposal.
Thank you everyone for watching!
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Table of Contents:
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0:15 What is an FPV Drone
0:16 Intro
1:39 Cinematic Travel Video
2:25 The Proposal
4:09 She Said Yes!
5:34 Outro
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FOLLOW CHRISTIAN:
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Instagram: https://www.instagram.com/chrisedoria/
Films: https://impactcomplexfilms.com/
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GEAR USED:
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Sony A7siii
iflight Titan
GoPro Hero10
#samkolder #fpvdrone #travel

00:57
Hire your Children to Avoid Taxes
This is one of the crazier loopholes for business owners, and don't think too hard. If you have a home office your child can literally do chores around the home and it'll count as wages, clean the office, file papers, take out the trash, vacuum the rugs... So many possibilities. In theory...they'll psychologically start associating work with what they want.
The one thing you MUST DO, is you'll need to hire them as an employee so you'll need a payroll account. AND they'll have to enter in their time (clock in, breaks, lunch, clock out) That's the biggest (yet smallest) hurdle.
FOLLOW CHRISTIAN:
Instagram: https://www.instagram.com/chrisedoria/
Business: https://impactcomplex.com/
Films: https://impactcomplexfilms.com/
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
#taxes #business #s-corp

00:27
The Marriage Penalty EXPLAINED
𝐓𝐡𝐞 𝐌𝐚𝐫𝐫𝐢𝐚𝐠𝐞 𝐏𝐞𝐧𝐚𝐥𝐭𝐲 - 𝐄𝐗𝐏𝐋𝐀𝐈𝐍𝐄𝐃
While Marriage has lots of benefits both from financial, emotional, mental, and physical perspectives, often times my clients who are married believe they will get a huge IMMEDIATE tax credit after buying a home - this is false.
𝐓𝐡𝐢𝐬 𝐢𝐬 𝐡𝐨𝐰 𝐢𝐭 𝐰𝐨𝐫𝐤𝐬 𝐞𝐢𝐭𝐡𝐞𝐫: 𝐌𝐚𝐫𝐫𝐢𝐞𝐝 𝐜𝐨𝐮𝐩𝐥𝐞𝐬 𝐭𝐚𝐤𝐞:
The standard deduction of $25,900.
OR
The itemized deduction of mortgage interest, property tax, state tax, and charitable contributions. More frequently this aggregate number is LESS than $25,900.
𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬
Even if it was more than $25,900, let's say it was $26,900. Then the couple would be given a $1000 tax deduction, which translates into $300 in lower tax liability (aka refunds) for buying a home. (At a 30% tax rate).
There are a lot of OTHER reasons why you should purchase a home (such as selling it later), but don't be convinced you'll be given an immediate tax benefit in doing so.
Always talk to your tax advisor before making the home purchase to make sure you understand the expectations.
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FOLLOW CHRISTIAN:
Instagram: https://www.instagram.com/chrisedoria/
Business: https://impactcomplex.com/
Films: https://impactcomplexfilms.com/
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
#taxes #business #s-corp

00:48
How to Write Off Medical Bills and Pay Less Taxes
1 Minute Tax Tips - Write Off Medical Bills
When you enroll in a H.S.A. (Health Savings Account), you're able to lower your taxable income and all the funds in the HSA can be used towards paying medical expenses.
FOLLOW CHRISTIAN:
Instagram: https://www.instagram.com/chrisedoria/
Business: https://impactcomplex.com/
Films: https://impactcomplexfilms.com/
This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
#taxes #business #s-corp

