Choosing the right business entity is one of the most important decisions an entrepreneur can make.
LLC Benefits
- Limited liability protection
- Flexible taxation options
- Simple maintenance requirements
S-Corp Benefits
- Potential self-employment tax savings
- Established credibility
- Pass-through taxation
When to Consider an S-Corp Election
Generally, when your net self-employment income exceeds $40,000-$50,000, an S-Corp election may save you money on self-employment taxes.
Every situation is unique. Book a consultation to discuss your specific circumstances.
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