Danso Financial Podcast

 As of March 1, 2019, the IRS received approximately 59.2 million tax returns. Of those over a million Americans fail to file a tax return every year. By not filing, many of these people risk losing any refund they're owed, which averages more than $600, according to Internal Revenue Service estimates. The forgotten tax filing for a lot of self - employed individuals is corporate taxes. The Danso Financial Team is joined by this week's entrepreneur and guest-speaker real estate and accounting specialist Jerrell Thompson Founder of Thompson Tax L.L.C. Jerrell helps to break down in this weeks episode tax structure within a business, the difference between being an employee vs a business owner as it pertains to taxation, and the common question that has been hovering over many individuals heads how did Amazon pay $0 in taxes last year and if it's really true? We often hear about business owner's profiting from tax breaks through adjustments, and the key question many startup businesses ask what is the diff