Business owners: don’t let the IRS catch you off guard! ⏰ In this video, I show you exactly how to calculate and pay your quarterly estimated taxes for 2025—even if you’ve missed previous payments.

Learn the Safe Harbor “set it and forget it” method and the Current Year “pay what you actually owe” method, step by step. I’ll also walk you through making payments online, tracking deadlines, self-employment taxes, and share a free downloadable spreadsheet to make it painless.

Stop guessing, avoid costly IRS penalties, and take control of your business finances today. Perfect for self-employed professionals, freelancers, and small business owners who want clarity and confidence with their taxes.

Apply for the Business Owner Bootcamp:

https://stephenleecpa.com/business-owner-bootcamp/

Quarterly Estimated Tax Worksheet:

https://stephenleecpa.com/resource/quarterly-estimated-tax-worksheet-2025/

#QuarterlyTaxes #EstimatedTaxes #BusinessTaxes #SelfEmployed #IRS2025 #SmallBusinessTaxes #TaxTips #EntrepreneurTaxes #SafeHarborMethod #TaxPlanning #FreelancerTaxes #PayTaxesOnline #AvoidIRSpenalties #SelfEmployedTaxes #SmallBusinessFinance #TaxSpreadsheet #QuarterlyTaxGuide #BusinessOwnerTips #TaxHelp2025 #FinancialPlanning

🔔 Subscribe for more tips and strategies tailored for business owners and high earning professionals.

On this channel, Stephen Lee shares proven strategies to help high earners, business owners, and professionals keep more of what they make, minimize taxes, and build lasting wealth.

Whether you’re optimizing your S-Corp, investing smarter, or managing 1099 income, this channel gives you the tools to make confident money moves — backed by real client experience.

Subscribe for smart, actionable advice — and take control of your financial future.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

Want to save $15,000+ in taxes while building real wealth? In this video, CPA Stephen Lee reveals the secret S-Corporation strategy the wealthy have used for decades to slash self-employment taxes, maximize deductions, and accelerate wealth through tax-smart retirement plans like the Solo 401k.

You’ll discover:

✅ How one simple S-Corp election can cut your tax bill in half

✅ The powerful tax deductions & reimbursements most accountants miss

✅ New 2025 tax law opportunities you can leverage right now

✅ How to turn tax savings into long-term wealth

00:00 Introduction: Save Big on Taxes

00:25 The Secret Strategy of the Wealthy

01:59 Understanding the S Corporation Election

02:56 Maximizing Tax Savings with S Corp

03:31 Advanced Wealth Building Strategies

04:35 Leveraging New Tax Law Changes

05:50 Final Thoughts and Next Steps

If you’re a small business owner earning $50K+ in profit, this video could save you $15K–$50K every single year. Don’t leave money on the table—learn how the wealthy keep more of what they make and invest it to build lasting wealth.

📥 Download the Business Owner Tax Checklist below to stay ahead of deadlines:https://stephenleecpa.com/resource/business-owner-tax-checklist/

📌 Subscribe for more proven tax strategies, wealth hacks, and financial freedom tips.

#Taxes #TaxStrategy #SCorporation #BusinessOwner #EntrepreneurTips #TaxSavings #WealthBuilding #SmallBusinessTaxes #FinancialFreedom

🔔 Subscribe for more tips and strategies tailored for business owners and high earning professionals.

On this channel, Stephen Lee shares proven strategies to help high earners, business owners, and professionals keep more of what they make, minimize taxes, and build lasting wealth.

Whether you’re optimizing your S-Corp, investing smarter, or managing 1099 income, this channel gives you the tools to make confident money moves — backed by real client experience.

Subscribe for smart, actionable advice — and take control of your financial future.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

Want to start investing but don’t know where to begin? In this beginner-friendly guide to investing in 2025, I’ll walk you through why you should invest, what to invest in, when to start, and how to build wealth over time — even if you’re starting from zero. You’ll learn the power of compound interest, why index funds like the S&P 500 are a smart first step, and the exact checklist to follow before you begin. Stay until the end for two bonus tips — including “fast lane investing” — to accelerate your financial freedom.

💰 Perfect for beginners, people paying off debt, or anyone ready to start investing for retirement.

#InvestingForBeginners #IndexFunds #HowToInvest #InvestingTips #PersonalFinance #FinancialFreedom

00:00 Introduction: Overcoming Financial Worries

00:49 Why Invest? Understanding Inflation and Compound Interest

03:41 What to Invest In: The Power of Index Funds

05:51 When and How Much to Invest: Key Considerations

08:48 Bonus Tips: Long-Term Strategy and Fast Lane Investing

11:54 Conclusion: Recap and Final Thoughts

🔔 Subscribe for more tips and strategies tailored for business owners and high earning professionals.

On this channel, Stephen Lee shares proven strategies to help high earners, business owners, and professionals keep more of what they make, minimize taxes, and build lasting wealth.

Whether you’re optimizing your S-Corp, investing smarter, or managing 1099 income, this channel gives you the tools to make confident money moves — backed by real client experience.

Subscribe for smart, actionable advice — and take control of your financial future.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

5 Common Money Habits Keeping You from Financial Success

#PersonalFinance #MoneyHabits #BuildWealth #BudgetingTips #SavingMoney #InvestingForBeginners #FinancialFreedom #CPAAdvice #DebtPayoff #MoneyManagement #RetirementPlanning #HighYieldSavings #EmergencyFund #CreditCardDebt #FinancialLiteracy

If you’ve ever wondered why you’re not building wealth as quickly as you’d like, this video is for you. As a CPA with over 25 years of experience in accounting, finance, and money management — advising high-income earners, entrepreneurs, and public figures — I’ve seen firsthand the bad money habits that hold people back from achieving financial freedom. In this episode, I reveal the 5 most common money mistakes that keep people stuck: being house poor, not having an emergency fund, paying yourself last, using credit cards for everyday expenses, and failing to track income and expenses. You’ll learn personal finance tips to improve cash flow, follow the 28% housing rule, build a high-yield savings account, pay yourself first, avoid high-interest debt, and use budgeting apps like Mint to stay on track. Whether you’re looking to get out of debt, save more, invest for retirement, or simply master your money management skills, this video will give you actionable steps to achieve long-term financial success. Perfect for anyone interested in budgeting tips, saving money, investing, debt payoff strategies, and building wealth in 2025 and beyond.

00:00 Introduction and Background

00:53 Bad Money Habit #1: Being House Poor

02:33 Bad Money Habit #2: No Emergency Fund

04:03 Bad Money Habit #3: Paying Yourself Last

05:21 Bad Money Habit #4: Using Credit Cards for Everyday Expenses

06:41 Bad Money Habit #5: Not Tracking Income and Expenses

07:51 Conclusion and Final Thoughts

🔔 Subscribe for more tips and strategies tailored for business owners and high earning professionals.

On this channel, Stephen Lee shares proven strategies to help high earners, business owners, and professionals keep more of what they make, minimize taxes, and build lasting wealth.

Whether you’re optimizing your S-Corp, investing smarter, or managing 1099 income, this channel gives you the tools to make confident money moves — backed by real client experience.

Subscribe for smart, actionable advice — and take control of your financial future.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

Urgent Update: $7,500 EV Tax Credit Ends Soon – Act Before September 30th, 2025

The $7,500 EV tax credit is ending on September 30th, 2025. This video provides crucial information on the deadline, changes due to the recently passed 'Big Beautiful Bill,' and how it impacts buyers, whether for personal or business use. Learn about the incentives automakers are offering, the remaining home charger credit until June 30th, 2026, and key steps to take right now to benefit from the expiring tax credits.

00:00 Introduction: Urgent EV Tax Credit Update

00:45 Key Deadlines and Changes

01:39 Impact on Automakers and Buyers

02:46 Action Steps for Potential Buyers

04:22 Final Reminders and Conclusion

How to Start and Operate Your Locums Practice:

https://thelocumcpa.com/

🔔 Subscribe for more tips and strategies tailored for healthcare professionals!

The Locum CPA is hosted by Stephen Lee, a Certified Public Accountant and Certified Private Wealth Advisor®. On this channel, you will find strategic business advice related to locum tenens professionals. Topics to be covered will include how to set up and operate your locum tenens practice to maximize tax deductions, tax savings, pay quarterly estimated taxes and bring overall peace of mind when operating a locums practice.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

Welcome to The Locum CPA YouTube channel.

In this episode, we dive deep into the major tax changes introduced by the recently passed bill - One Big Beautiful Bill (OBBA) that directly impacts small business owners from 2025 onwards. We'll cover pivotal topics including the QBI deduction, the return of 100% bonus depreciation, Section 179 deductions, the SALT workaround, and the critical deadline for the clean vehicle tax credit. Don't miss out on understanding how these changes can help you save on taxes. Tune in and learn what you need to discuss with your CPA to maximize your benefits.

00:00 Introduction and Overview

00:25 Understanding the QBI Deduction

01:31 Bonus Depreciation Returns

02:33 Section 179 Deduction Explained

03:19 SALT Workaround Benefits

03:59 Clean Vehicle Tax Credit Deadline

04:51 Conclusion and Next Steps

#OneBigBeautifulBill #OBBB #BigBeautifulBill #TaxLaw2025 #2025TaxChanges #TaxReform2025 #NewTaxBill #CongressTaxBill #SmartMoneyMoves #FinanceNews2025 #BusinessTaxBreaks #SmallBusinessTaxes #BonusDepreciation #Section179 #SoleProprietorTax #SCorpTaxSavings

How to Start and Operate Your Locums Practice:

https://thelocumcpa.com/

🔔 Subscribe for more tips and strategies tailored for healthcare professionals!

The Locum CPA is hosted by Stephen Lee, a Certified Public Accountant and Certified Private Wealth Advisor®. On this channel, you will find strategic business advice related to locum tenens professionals. Topics to be covered will include how to set up and operate your locum tenens practice to maximize tax deductions, tax savings, pay quarterly estimated taxes and bring overall peace of mind when operating a locums practice.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

Discover the most important Trump tax cuts for individuals in the new Big Beautiful Bill! In this video, we break down the key 2025 tax changes, including the expanded child tax credit, new standard deduction increases, and tax-free overtime income provisions. Learn how these updates could lower your federal income taxes, boost your tax refund, and help you maximize tax savings this year. Whether you're a middle-class taxpayer, high-income earner, or simply planning for the next tax filing season, this guide covers all the individual tax relief measures you need to know. Stay ahead with this full breakdown of the Trump tax plan, how it affects your personal finances, and strategies to keep more of your hard-earned money. Subscribe for more updates on IRS rules, tax tips, and 2025 tax law changes.

#TrumpTaxCuts #BigBeautifulBill #TaxSavings #2025Taxes #ChildTaxCredit #NoFederalTaxOnOvertime #SmartMoneyStephen #TaxTips #PersonalFinance #IRSChanges2025

The video discusses six significant changes in new tax laws. The key points covered include an increase in the SALT deduction cap from $10,000 to $40,000 starting in 2025, exemption from Federal tax on tips up to $25,000 annually, exemption from Federal tax on overtime income up to $12,500 per person, a bonus deduction of up to $6,000 for individuals over 65 years old, a car loan interest deduction up to $10,000 for cars purchased from 2025 to 2028 with final assembly in the US, and an increase in the child tax credit from $2,000 to $2,200 per child. The video emphasizes the importance of tax planning and consulting with a CPA or EA for more details.

00:00 Introduction to New Tax Laws

00:13 Increased SALT Deduction Cap

00:49 No Federal Tax on Tips

01:32 No Federal Tax on Overtime Income

01:53 Bonus Deduction for Seniors

02:08 Car Loan Interest Deduction

02:46 Larger Child Tax Credit

03:01 Conclusion and Tax Planning Tips

How to Start and Operate Your Locums Practice:

https://thelocumcpa.com/

🔔 Subscribe for more tips and strategies tailored for healthcare professionals!

The Locum CPA is hosted by Stephen Lee, a Certified Public Accountant and Certified Private Wealth Advisor®. On this channel, you will find strategic business advice related to locum tenens professionals. Topics to be covered will include how to set up and operate your locum tenens practice to maximize tax deductions, tax savings, pay quarterly estimated taxes and bring overall peace of mind when operating a locums practice.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.

Setting Up Your 2025 Tax Calendar: Essential Tips for Locum Physicians

In this episode of the Locum CPA podcast, Stephen Lee, a CPA specializing in locum medical professionals, guides you through setting up your tax calendar for 2025. Learn about the importance of meeting tax deadlines to avoid penalties, the quarterly estimated tax payment dates, and the different filing deadlines for various business entities such as LLCs, PLLCs, and S-Corporations. Discover practical tips for staying organized with calendar reminders, tracking income and expenses, and using accounting software. This video aims to help locum physicians stay ahead and prepared for their taxes, ensuring a smooth and penalty-free tax season.

00:00 Introduction to Setting Up Your 2025 Tax Calendar

00:31 Importance of a Tax Calendar for Locum Professionals

01:26 Key Tax Deadlines for 2025

02:54 Filing Deadlines for Different Entity Types

05:05 Practical Tips for Managing Your Tax Calendar

08:16 Recap and Final Thoughts

Book an Appointment: https://thelocumcpa.com/

🔔 Subscribe for more tips and strategies tailored for healthcare professionals!

The Locum CPA is hosted by Stephen Lee, a Certified Public Accountant and Certified Private Wealth Advisor®. On this channel, you will find strategic business advice related to locum tenens professionals. Topics to be covered will include how to set up and operate your locum tenens practice to maximize tax deductions, tax savings, pay quarterly estimated taxes and bring overall peace of mind when operating a locums practice.

The information provided on this channel is for general information and entertainment purposes only. It is not intended to serve as legal, financial, or tax advice. You should not act or refrain from acting on the basis of any content included on this channel without seeking appropriate legal, tax, or other professional advice specific to your individual circumstances. The use or reliance on any information contained on this channel is solely at your own risk.