Tax season is upon us, and if you’re a woman entrepreneur balancing a thriving side hustle or full-time business, this is your call to think through your next phase of business as a for-profit business.
Making the right moves now could prepare your business for growth and save you money in taxes if you elect to be taxed as an S-corporation.
But, let’s just a few myths.
Put a finger down if you ever…
Have you heard that it makes the most sense to “become an S-Corp” when you make $40,000 or more?
Put a finger down if you ever heard that by simply electing to be taxed as a S-Corporation could save you $15,000 or more?
Well, sis! These are two myths that we will spend time dispelling in this article.
Let’s break it down so you can make informed decisions, avoid costly mistakes, and build a stronger foundation for your legacy.
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Save while growing your business with exact steps to complete your S-Election with the IRS confidently.