S Corp vs. LLC - Differences and Benefits
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S Corp vs. LLC - Differences and Benefits
Compare S Corporation vs LLC incorporation. Learn about their similarities as well as their differences.
Jan 26, 2024
S Corp Vs LLC
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💡 Ready to save BIG on taxes? Follow these essential steps to maximize your S Corp benefits! 💰 1️⃣ Determine if S Corp election is right for you—if you're making over $60K, it likely is! 2️⃣ Set up proper payment systems—use owner's draws strategically or establish a reasonable salary. 3️⃣ Implement advanced strategies like Solo 401(k) and HSA to save thousands. 4️⃣ Plan your distributions carefully to avoid tax surprises. 5️⃣ Document everything to support your decisions. 👉 Start optimizing
0:59
💡 Ready to save BIG on taxes? Follow these essential steps to maximize your S Corp benefits! 💰 1️⃣ Determine if S Corp election is right for you—if you're making over $60K, it likely is! 2️⃣ Set up proper payment systems—use owner's draws strategically or establish a reasonable salary. 3️⃣ Implement advanced strategies like Solo 401(k) and HSA to save thousands. 4️⃣ Plan your distributions carefully to avoid tax surprises. 5️⃣ Document everything to support your decisions. 👉 Start optimizing
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