Listen "39. How to Switch Your Business to an S Corporation (& Save Yourself $$$)"
Episode Synopsis
Send us a textLast week's episode was all about the importance of the S Corp strategy for businesses making over $50,000 in yearly profit. If you didn't listen to that episode, go back and check out episode 38! That episode explains HOW the S Corp saves you money in taxes. This episode is part two. This episode explains how to make this change if you are ready to save some taxes! So if you are ready to jump in, this episode is exactly what you need to move forward with this tax strategy. In this episode we explain: The steps needed to convert your business to an S CorpWhat forms to file to make the conversionWhat responsibilities and due dates you need to know as an S CorpHow to determine your salary and your distributionsWhat options you have to run payroll and file payroll reportsWhen you will file your first business tax return after the switchHow much it costs for a CPA to set this all up for you if you don't want to DIYSupport 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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