Should You Form an S Corp
When you work for yourself, you can structure your business in multiple ways. Many entrepreneurs choose to establish S Corps for tax advantages and perceived legitimacy. However, the setup doesn’t make sense for every organization. Should your business become an S Corp? Keep reading to learn the facts. What is an S Corp? An S […]
Guide for S Corp Shareholders: What’s a Reasonable Salary?
If you work for yourself, operating as an S Corp instead of a sole proprietorship often makes more sense. Your business remains the same, but the tax benefits can be immense. Why? Because with an S Corp, you can split your income between salary and tax-free distributions. The lower your salary, the less you pay […]
