5 min read
Can I Have an S Corp With No Income? When It Makes Sense And When It Doesn't
Yes, you can maintain an S Corp with no income, but timing matters. While there's no minimum revenue requirement, S Corps make the most sense once you're...
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5 min read
Yes, you can maintain an S Corp with no income, but timing matters. While there's no minimum revenue requirement, S Corps make the most sense once you're...
6 min read
The 2% rule for S Corp owners unlocks powerful tax advantages most solopreneurs miss. As a more-than-2% shareholder, you can turn health insurance...
6 min read
S Corp status typically becomes financially worthwhile for solopreneurs once annual business income reaches around $80,000, because it reduces...
6 min read
Combining S Corp status with optimized vehicle deductions can put thousands back in a solopreneur’s pocket, proving that strategic planning is what truly...
7 min read
S Corp owners can deduct health insurance premiums through proper payroll and W-2 reporting, saving on taxes while staying compliant effortlessly.
8 min read
Yes, you can elect S Corp status mid-year, and for solopreneurs earning $80,000+, it's a smart move that starts saving you thousands immediately after the...
5 min read
While “new year, new finances” probably doesn’t top your list of new year mantras, it’s an undeniably helpful mindset to have as a solo business owner....
8 min read
Sole proprietorship vs S Corp comes down to one thing: keeping more of what you earn. As a sole proprietor, you pay self-employment tax on every dollar of...
9 min read
Combining an LLC with an S Corp tax election is a savvy strategy for solopreneurs aiming to maximize tax savings while safeguarding personal assets. Once...
16 min read
Converting to an S Corp is more than just a structural change; it's a strategic move that can save solopreneurs thousands annually by reducing...
7 min read
S Corp distributions are a smart way for solopreneurs to save thousands each year by avoiding the 15.3% self-employment tax on part of their income. The...
6 min read
Business insurance for S Corps covers the risks your LLC and tax election can't—lawsuits, cyberattacks, and disruptions that could drain cash reserves....
8 min read
S Corp fees by state range from $50 to over $800 annually, but once your business income hits $80,000, the tax savings usually outweigh these costs....
5 min read
Learning how to change LLC to S corp isn't about starting over—it's about layering smarter tax savings onto your existing business. Your LLC keeps...
6 min read
Good news: you can set up an S Corp in any state, but the real question is whether you should. All 50 states recognize S Corporation status, and the magic...