Staying Healthy, Contracting vs Salary, and Marketing Your App
HAPPY EASTER! We are back in the office and this week we discuss how to stay healthy at your desk job, being a contractor vs a salaried employee, and marketing yourself/your app. Some hot tips in this episode involving tax benefits, specific tips to execute influencer marketing, and more so don't miss out. If everyone likes the format of this show in comparison to some of the other topics we have discussed so far, please let us know @codereviewpod on Facebook/Twitter/Instagram or email us at firstname.lastname@example.org
Intuit on S-Corp distributions
If you organize your business as an S-corporation, you can classify some of your income as salary and some as a distribution. You'll still be liable for self-employment taxes on the salary portion of your income, but you'll just pay ordinary income tax on the distribution portion. Depending on how you divide your income, you could save a substantial amount of self-employment taxes just by converting to an S-corporation.
Deeper dive into Influencer Marketing
At its most basic, Influencer Marketing is like a hybrid of old and new marketing tools, taking the idea of the celebrity endorsement and placing it into a modern day content-driven marketing campaign. The main difference is that the results of the campaign are usually collaborations between brands and influencers.
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