Maximizing Your S Corporation
MAXIMIZING YOUR S CORPORATION
As a small business owner, you want to make the most of your company’s structure to maximize your profits and minimize your tax burden. One of the best ways to do this is by incorporating your business as an S corporation.
What is an S Corporation?
An S corporation is a type of corporation that is taxed like a partnership or sole proprietorship, instead of as a corporation. This means that the company’s income is passed through to the shareholders and only taxed at the individual level.
Maximizing your S corporation can be a complex process, but working with a professional accounting team can ensure that you are taking full advantage of the benefits of this type of corporation.
By having a professional handle the process of maximizing your S corp, you can rest assured that you are making the most of your company’s structure and maximizing your profits.
Don’t miss out on the potential benefits of an S corporation. Contact us to learn more about how we can help you maximize your S corporation today.
Why Maximize your S Corp
There are several benefits to maximizing your S corporation
- Reduced Tax Burden: As mentioned, by being taxed as a pass-through entity, your company will only be taxed at the individual level, potentially lowering your overall tax bill.
- Flexibility in Allocating Income: S corporations allow for greater flexibility in allocating income, which can help you maximize your profits.
- Potential for Lower Self-Employment Taxes: Shareholders of S corporations may be able to reduce their self-employment taxes.
From our clients
Mary is a vital part of my business support system. I have been using her services since I opened in 2013. Mary is very professional and knowledgeable. Her staff is also very friendly and they are prompt in answering any questions or concerns that I have. I highly recommend her services.
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Mary has helped me with both my personal and business taxes and accounting. She is extremely efficient and helpful in answering all my questions that always seem to come up.
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