8 min read
Can You Elect S Corp Status Mid-Year? Your Guide to a Smarter Tax Switch
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...
Have questions? Looking for answers? You can find them here.
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...
5 min read
Most solopreneurs running S Corps miss powerful fringe benefit strategies that could save thousands each year. Health insurance premiums, retirement...
5 min read
Benefits of S Corp go beyond tax savings. While reducing self-employment taxes is the main draw, S Corporation status also delivers liability protection,...
6 min read
S Corp articles of incorporation unlock serious tax savings for solopreneurs, often $8,000 or more per year, by letting you split income into salary and...
5 min read
Filing Form 2553 is your gateway to S Corp status and serious tax savings, but it doesn't have to mean endless paperwork and IRS phone calls. This...
5 min read
Learning how to open a business bank account protects your personal assets and simplifies your finances. A dedicated account maintains legal separation...