38. Save Thousands EVERY Year By Switching to an S Corporation!

20/09/2023 18 min Episodio 38
38. Save Thousands EVERY Year By Switching to an S Corporation!

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Episode Synopsis

Send us a textWe want to share a common tax strategy that should be used by businesses making over $50,000 in profit. All too often we see business owners not taking advantage of this tax strategy! So we're here to spill the tea so everyone can use and understand this strategy and save some tax dollars!In this episode we explain how and why switching your business tax entity to an S Corp will save you thousands of dollars every. single. year! Who doesn't want to save taxes?This episode covers:What is this tax strategy?Why didn't my CPA tell me about it?Is this strategy legal (yes)?How does it work?Why is this so beneficial?Who should be doing this?How much can I realistically save yearly using this strategy?You should know and understand how this works before moving forward with a tax entity change, and this episode will explain everything in a way you can easily understand.  Next week's episode is all about the nitty gritty details of this tax entity if you are ready to make the switch so don't forget to SUBSCRIBE!Support the showCreate a STAN Store - Click here to try it out!Here's where you can find us! Shop our business guides!Our Instagram PageOur family page

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