Once your business becomes an S-Corp, you cannot take money out the same way you did with a sole proprietorship or LLC. You now have two ways to pay yourself: salary and distributions. Salary The
If you are starting a small business in Texas or thinking about changing your structure, two of the most common options are LLC
When you elect S-Corp status, one of the most important rules is paying yourself a reasonable salary. The IRS expects you to treat
Running an S-Corp can deliver serious tax savings, but it also comes with year-end responsibilities that you can’t afford to overlook. Unlike a
One of the biggest reasons Fort Worth business owners consider electing S-Corp status is the potential savings on self-employment taxes. If you’ve ever
Electing S-Corp status can save Fort Worth business owners thousands in self-employment taxes, but it also comes with rules that can trip you
If you’ve decided an S-Corp election makes sense for your business, the next question is how to actually make it happen. The good
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