As an entrepreneur, you have the opportunity to structure your business in a way that makes the most sense for you. But with so many options available, it can be difficult to know which one is right for your specific situation. Should you be an LLC, a sole proprietorship, or an S Corporation? Well it depends on your situation and in this episode I break it all down for you.
This episode is gonna teach you how to save money on taxes by becoming an S Corporation. I’ll even walk you through the math and give you a worksheet to help you see if S Corporation is right for you. Plus, I’m gonna talk about some of the most common mistakes and misconceptions folks have when they’re thinking about S Corporations.
So if you’re looking to cut down on your tax bill or just want to improve your overall tax strategy, you’re in the right place. Hit that play button, and let’s dive right in!
IN TODAY’S EPISODE, I DISCUSS:
- The different types of business entities
- Importance of having a good tax strategy for your business
- The best time to switch to an S Corporation
- How to Go from Job to Entrepreneur with Amy Porterfield
- How Entrepreneurs Really Build Wealth!
- Your Business Is a Bad Wealth Plan
- Should You Convert Your IRA to a Roth IRA?
- How to Go from Job to Entrepreneur with Amy Porterfield https://youtu.be/YfmxJ3Za_ac
- How Entrepreneurs Really Build Wealth! https://youtu.be/u-TFVlM5ufY
- Your Business Is a Bad Wealth Plan https://youtu.be/hGrNLWKK8do
- Should You Convert Your IRA to a Roth IRA? https://youtu.be/IWKQnPaXofw