Here's the truth about SCorp Tax Benefits & Advantages
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We recently saved our client over $95,000 in taxes by making one small change helping her switch from an LLC to a SCorp.
If you are still being taxed let’s say as an LLC instead of a SCorp, you may be giving uncle sam a bit more money than you have to.
So, if you want to know more about how SCorps work and all of the SCorp tax benefits that put money back in your pocket, you are in the right place.
Outline:
Intro: (0:00)
Tax Benefit #1 Employment Tax Savings: (1:31)
Tax Benefit #2 Passthrough Income: (4:56)
Tax Benefit #3 Low Risk of Audit: (5:41)
Tax Benefit #4 Asset Protection: (6:00)
How To Know If SCorp Status is Right For You: (6:30)
How To Be Taxed as a SCorp: (7:58)
Recap of Tax Benefits: (8:47)
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