Independent contractors, don’t have the luxury of an employer handling taxes for them. That means staying on top of tax planning is crucial to avoid surprises at tax time—and to make sure you’re taking advantage of every deduction available to you.

I teamed up with Danielle for an exclusive webinar where I answered the most common tax questions independent contractors have—from whether you should structure your business as an S-Corp to how to legally pay your kids for administrative tasks.

What You’ll Learn in the Webinar:

• S-Corp vs. Sole Proprietor: Pros & Cons – Is setting up an S-Corp the right move for your real estate based business? We’ll break down the tax benefits, potential drawbacks, and when it makes sense to make the switch.

• Payroll & Tax Software – If you’re paying yourself or an assistant, you need a payroll system that deducts taxes correctly. I’ll share affordable software recommendations that help you stay compliant while keeping things simple.

• Home Office Deductions: What’s Really Allowed? – Yes, you can write off your home office—but only if it meets certain IRS criteria. Learn how to properly calculate and claim this deduction without raising red flags.

• Hiring Your Kids: A Legal Tax Strategy – Paying your children to help with admin work isn’t just a smart way to teach them responsibility—it can also come with tax benefits. We’ll go over the rules, limitations, and best practices.

This webinar is designed to give you clear, actionable tax strategies to help you maximize your earnings while staying compliant. Whether you’re just starting out or you’ve been in the business for years, you’ll walk away with practical tips you can implement immediately.

Replay available here!

Left: Danielle Butler (@thebesttcever) Right: Takara Broussard (@takarabroussard_)