Entity Strategy
When an S-Corp Election Actually Pays Off
Dan Hodges
An S-corp election lets you split income between employee income and investor income, which when done correctly can control FICA tax. It can be a massive savings compared to self-employment. But administration, compliance. payroll, and formality can add complexity and costs that you must weigh. The one thing you must understand is that EVERY situation is different; your situation is as unique as DNA! Education is highly imporant if you would like to be successful and happier than average.
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