satoshipacioli on Nostr: This week we will be highlighting S-Corporations! What is an S-Corporation? 🤔 An ...
This week we will be highlighting S-Corporations!
What is an S-Corporation? 🤔
An S-Corp is a business structure that combines tax perks with personal asset protection. You avoid double taxation by passing profits (and losses) straight to shareholders.
✨ Key Facts:
• No corporate taxes 💰
• Limited liability 🛡️
• Max 100 shareholders 👥
Thinking about an S-Corp for your business? Check back tomorrow for the pros and cons! 👇
What is an S-Corporation? 🤔
An S-Corp is a business structure that combines tax perks with personal asset protection. You avoid double taxation by passing profits (and losses) straight to shareholders.
✨ Key Facts:
• No corporate taxes 💰
• Limited liability 🛡️
• Max 100 shareholders 👥
Thinking about an S-Corp for your business? Check back tomorrow for the pros and cons! 👇