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satoshipacioli /
npub1drl…rfg0
2024-11-19 17:32:22

satoshipacioli on Nostr: The Perks of an S-Corporation 🎉 S-Corps have some awesome benefits: ✅ Tax ...

The Perks of an S-Corporation 🎉

S-Corps have some awesome benefits:

✅ Tax Savings: Only taxed at the owner level, not the biz level.
✅ Lower Self-Employment Taxes: Pay yourself a salary, take the rest as tax-free distributions.
✅ Liability Protection: Keeps your personal assets safe.
✅ Extra Tax Deductions: Like up to 20% off qualified biz income (QBI).

Sounds like a win all around, right?
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npub1drlw0wmu9tq37usx4qt3u6u4zj44mrf3zsfa6xhcdyrh3n4wpmgqr4rfg0