When To Switch Your LLC To An S Corp (For HUGE Tax Savings!)

Описание: When to Switch Your LLC to An S Corporation - CPA Explains.
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Most business owners switch to an S Corporation either too early and waste thousands on extra fees —or they wait too late and overpay even more in taxes for years on end. #scorporation #llctaxes #llcvsscorp

Yes, S Corporations offer major tax benefits — like saving on self-employment tax, unlocking powerful deductions, and creating even more through fringe benefits, retirement plans, and more — but when is the right time to make the switch?

My name is Sherman. I am a licensed CPA and Founder of mycpacoach.com, where we help business owners make these decisions every single day.

In this video, I’m going to break down exactly when switching to an S Corporation saves you money—and when it doesn’t. I’ll show you how to run the numbers, common traps to avoid, and potentially save you thousands in taxes.

So be sure to like and save this video, comment your thoughts below, and let's jump right into it.

S Corp Timing: (0:00)
S Corp Tax Benefits: (1:20)
S Corp Tax Savings Example: (2:00)
Bonus S Corp Tax Deductions: (3:00)
Hidden S Corp Costs: (4:40)
S Corp Payroll Costs: (5:40)
S Corp Tax Prep Fees: (6:17)
S Corp Annual Fees: (7:00)
Cost-Benefit Analysis: (8:00)
General Tips: (9:15)