11 min read
Form 2553: How to Elect S Corp Status for Your Business (Step-by-Step Guide)
If you're earning $80,000 as a solopreneur, you're paying 15.3% self-employment tax on every dollar of profit. That's $12,000+ a year, straight to the...
Founder & Tax Advisor, BBusiness International
Natalia Budyldina is the founder and owner of BBusiness International, where she provides accounting and tax consulting services for small businesses, including bookkeeping, tax preparation, tax resolution, and advisory support. An Enrolled Agent (EA), she helps clients make sense of complex tax issues with a practical, plain-language approach so business owners can make confident decisions and stay focused on growth. She holds an MBA and a master’s degree in Accounting and Finance, and brings 8+ years of public accounting experience across both small CPA and national public accounting firms. In addition to client work, she publishes educational content for entrepreneurs through the BBusiness International, sharing actionable guidance on small-business tax and accounting topics.
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If you're earning $80,000 as a solopreneur, you're paying 15.3% self-employment tax on every dollar of profit. That's $12,000+ a year, straight to the...
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