Tracking Basis For LLCs, Partnerships & S-corporations

Save taxes and confusion by tracking your basis with this course.

Many tax professionals don't track basis, and as a result you can pay MORE in taxes.

To know the value of your investment, you must track your basis! Plus, you'll finally understand the ins and outs of your business...

***Includes Basis templates shown on Youtube videos***

Are You...

...UNSURE WHERE TO START WITH "BASIS"?

Basis is a totally confusing concept that many tax pros aren't even tracking! But, it's at the core of understanding your business...
...STRUGGLING TO FIND A SOLUTION?

There's barely anything online that helps you actually track your OUTSIDE basis in a business, but if you don't do this you could pay WAY MORE TAXES than necessary...
...TIRED OF BEING BEHIND ON SETUP?

If you've known that you should be doing this for awhile now, that can really weigh on you... you just want to get this done - it shouldn't be so hard!

...OUT OF TIME?

You don't have time to be searching for and vetting professionals just trying to figure all of this out - you want to use your time wisely.
...RUNNING INTO QUESTIONS?

If you've been learning about basis on your own and don't have questions, then you are super human.... seriously!
...WANTING SIMPLE STEP-BY-STEP INSTRUCTIONS?

Wouldn't it be great to have a training that breaks it all down into simple terms and then step-by-step instructions for EXACTLY what to do to track basis.

It would take no time at all if you just knew what to do, and how & when to do it!

Honestly, It's Not Your Fault.

The accounting and tax industry has dropped the ball on SERVING small business owners (like yourself), in this area of basis and tracking investments.

And, that's exactly why I created this course - because I believe the world will be a better place when small business owners THRIVE.

Thriving starts with getting the money right.

Amanda is a natural teacher. I'm so glad I found her! I have my basis updated and next year, it will take me a few minutes to update, since I now understand all of this. I even have my rental property basis calculations organized, which is where I get pull the values for our other calculations. It's all organized. I'm so grateful for Amanda, I had been looking everywhere and I couldn't find anything like this anywhere. My tax guy kept saying he would help me with this, but he never followed up.

Jess from MA - LLC Real Estate Investor

What If You Could...

...HAVE CLARITY ABOUT THE OPTIONS?

Getting basis wrong or just not doing it at all can cost you in taxes, or even destroy relationships with friends and family, when everyone doesn't understand the implications of the business and investment
...KNOW THAT YOU ARE DOING EVERYTHING RIGHT!

When you are tracking basis, and actually understanding it, then you genuinely won't have any concerns about this huge piece of the puzzle that you are missing without knowing the value of your ownership interest - both for yourself (outside basis) and the business (inside basis)
...ASK YOUR QUESTIONS, AS THEY ARISE?

When you have a question, you need to get answers, so that you don't get stuck and stop moving forward altogether (without accidentally racking up a huge bill!)

...MAKE THE BEST CHOICE TO SAVE TAXES?

When you understand the bigger picture of how your business actions effect the value of the owners' investments, you can make educated decisions knowing what the impacts will be ahead of time
...HAVE THE TEMPLATES & INSTRUCTION YOU NEED TO EASILY TRACK YOUR BASIS

You didn't start your business to be wasting your time and money just trying to figure out BASIS... if you had the templates and video instructions, you could have this done in no time, so that you can focus on what you do best...
... HAVE A STEP-BY-STEP SOLUTION?

Basis can literally take you a few minutes each year, but you need to learn it and be guided through actually doing it! (so that you can see how easy it can be for many small businesses)

I Made This Course For You!

The Tracking Basis for LLCs, Partnerships, and S-corporations course simplifies everything you need to do to track basis in your business.

Rarely is all of this explained in one place, which is why this course is SUPER powerful at simplifying this complex topic!

In This Course, You'll Learn...

WHAT THE CONCEPT OF "BASIS" ACTUALLY IS
- How to track basis for any assets, whether investment or business related
- How basis is used for calculating gain or loss and the tax implications
EXACTLY WHAT BASIS IS FOR BUSINESSES
- Outside Basis, which every owner needs to track on their own
- Inside Basis, which the business needs to track
CHECKLIST FOR UPDATING YOUR INSIDE & OUTSIDE BASIS
- Checklist and video training to make updating your template as SIMPLE as possible!
SPREADSHEET TEMPLATES: PARTNERSHIP & S-CORPORATIONS
- These templates have been created from the IRS educational resources for tracking basis
- With the videos showing you exactly what to do, the templates make tracking basis super simple!
- **Includes basis templates shown on youtube videos**

Get Instant Access

Choose the one-time payment or payment-plan below and register now to get started! Both plans include:

INSTANT 24/7 ACCESS

STEP-BY-STEP VIDEO E-COURSE

TEMPLATES & CHECKLISTS

ASK QUESTIONS THROUGHOUT COURSE

(Amanda responds to all questions)

One-Time Payment

$297/mo

The one-time payment option charges you now for $297 and you are not charged again.

GET ACCESS NOW!

Frequently Asked Questions

Is this course right for me? I'm not sure...

If you are struggling with ANY part of BASIS, such as what it is and how to track it then, yes, this course is going to be perfect for you.

Know one (not even the business) is responsible for tracking YOUR basis (investment value in your business
Basis (both inside and outside) should be updated every year, based on money you put in, take out, and make
If you are trying to deduct a loss for taxes, you need to know your basis
If you are determining gain or loss, you need to know basis

Basis is how you get credit for what you've invested into your business!

Without tracking basis, your entire accounting & tax business situation is confusing... because it's missing a major piece of the puzzle!

If you still have questions about if this course is right for you, shoot me an email at contact@amandarussell.mba - I'll reply as soon as I can!

What if I'm a business owner, but not doing the accounting & taxes for the business?

Yes, this is for you! There are specific trainings and checklists for exactly how to track YOUR investment in the business, which is called Outside Basis.

The business doesn't track this for you, you need to track it for yourself.

Will I be able to ask questions during the class?

Yes, you can ask questions on every post within the training course. Amanda responds to every question!

Is there a money back type of guarantee?

No, I've chosen not to offer refunds because I want people to join who are serious and dedicated to getting results. Buying online can be scary, but...

You can watch me and get to know me on youtube, and
You can download and do my free trainings, and
You can get your money back if I don't deliver what's on the sales page (and I do, that's why I'm telling you this!)

What if we are a husband and wife business?

It depends.

If you formed an Limited Liability Company (LLC): Yes, this course is for you because you have two "members" (owners) in the business
If you elect to be taxed under the Qualified Joint Venture (QJV): No, you do not need this course because each spouse files as self-employed

How long should I plan to spend on this course?

The course is made up of posts, with a mix of written instruction and short videos.

The courses are designed to go in order, with sections of reading and then sections of video, to keep it interesting!

If you did the entire course in one sitting, It would take about 2 hours.

It's normal to watch and re-watch the training many times, to help the concepts sink in.

This is why an e-course is so great for simplify accounting and tax topics because you need to re-listen a few times and ask questions and implement, in order to actually "get it".

Your Instructor

AMANDA RUSSELL MSA MBA EA

Amanda gained a high-level of accounting & tax expertise through earning a Masters in Professional Accounting, an MBA, and working at two of the "big 4" public accounting firms, (PriceWaterHourseCoopers and KPMG).

She was disturbed by the way that small business owners were underserved by the professional services (accounting, taxes and law). She always excelled at comprehension and eduction, and she began to develop her educational career through teaching at colleges & universities.

There Amanda encountered small business owners taking college courses to help them with their small businesses. College courses aren't designed for small business owners and they are costly and time-consuming. Again, she was disturbed by how desperate small business owners were for a quality solution for their accounting and taxes.

Through education and the internet, she saw an opportunity to use what she had learned to serve the underserved small business owners with better solutions and education - tailored to answering their specific questions and solving their problems.

Amanda's courses focus on helping small business owners master their accounting and taxes, so that they can focus on growing their business, mastering personal finance goals, and having a bigger impact in their communities.

What People Are Saying About Amanda's Courses...

Mark T from Canada

Founder & Owner of Construction Company

I wanted to reach out to say thank you for everything that you did for me it is so appreciated and I am so grateful that you came into my life to teach me a very valuable lesson in my life.

My business is now organized and easy to take care of I am not an account but the way you set up the spreadsheets I am actually ahead for my account so I know exactly what he is going to do even before he doses something. You know that I haven't been so lucky with accounts before and then you show up in my life and Wow I got one of the best accountants, in my opinion, to help me get organized in my business and to help me see the true numbers that run my business.

You took my hand and walked me down the road and showed me how easy it is to stay on top of my books and my company and because of that I now see how I can grow the company to where I would like it to be.

Jacob L from NH

Student

There's no doubt about Amanda being a good instructor... I never miss her class because I just enjoy her teaching and the environment. She forces everyone to ask questions...

I've never had an instructor like this. I highly recommend her to students and anyone who wants to learn business.

Victor V from CO

Self-Employed Consultant

"Before going through the spreadsheet template, I had several pdfs and other excel spreadsheets trying to help me calculate all of my expenses and tax information.

Going through Amanda’s template was simplisticly useful for having all of the information easily calculated. I only had to enter in a few things and the rest was taken care of. The Summary and Payment tracker included is very helpful for keeping all of my confirmed quarterly payments organized in one file."

Tom N from PA

Consultant

It was outstanding! The spreadsheet for tracking my business expenses, quarterly taxes, balance sheet, etc. was just what I needed. Having the ability to talk directly with Amanda and get her advice was worth way more than I paid for the class!

Hand holding by Amanda to get the spreadsheet right made all the difference...You can read all the books you want, but being able to ask a question to someone who knows what they are doing was a huge plus."

Joshua H from NY

Investor

Amanda guided me through starting my business; creating my LLC, getting business insurance and things like that.

I tried to do them on my own, but I had so many questions and Amanda knew every answer. If I had only found her sooner. She would also help me with getting sales started. She would ask me questions about what I really wanted and then lay out options for how to proceed. She would guide me through choosing what I really wanted to do next, and often she would call me out when I was stalling.

This was good because I didn't expect this when I first started my business; I didn't expect some things to be so hard to get through. Sometimes I doubted her, but I can tell you that she has a knack for knowing what to do and guiding you to choose what's best for you.

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