What the heck is an S - Corp?
If you’re a small business owner, you’ve might have heard the phrase, ‘S Corp’ being tossed around every now and then. Once you heard the phrase, which stands for Subchapter S Corporation, you then probably wondered what it means, how it could benefit your business, and if you’d even qualify for the tax designation.
There are a lot of misconceptions surrounding S Corps, so in this episode we’re here to dispel any rumors and clear any confusion by diving into:
* How to weigh the pros and cons of the status.
* What to do if you’re interested in becoming an S Corp
* How an S Corp status will affect your taxes at the end of the year.
I’m really looking forward to helping you unpack S Corp status and decide if it’s right for you and your business, so after you listen to this week’s podcast, let me know what you think!
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If you’re a small business owner, you’ve might have heard the phrase, ‘S Corp’ being tossed around every now and then. Once you heard the phrase, which stands for Subchapter S Corporation, you then probably wondered what it means, how it could benefit your business, and if you’d even qualify for the tax designation.
There are a lot of misconceptions surrounding S Corps, so in this episode we’re here to dispel any rumors and clear any confusion by diving into:
There are a lot of misconceptions surrounding S Corps, so in this episode we’re here to dispel any rumors and clear any confusion by diving into:
- How to weigh the pros and cons of the status.
- What to do if you’re interested in becoming an S Corp
- How an S Corp status will affect your taxes at the end of the year.
I’m really looking forward to helping you unpack S Corp status and decide if it’s right for you and your business, so after you listen to this week’s podcast, let me know what you think!
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Creators and Guests
Host
Keila Hill-Trawick, CPA, MBA
Helping entrepreneurs create and maintain the business they want | Building to Enough | LinkedIn Top Voice | Intuit Partner Council | Accounting Firm Owner
