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How does an S Corp REALLY save you money?
Discover the secrets of how an S Corp can truly save you money on taxes in this engaging episode of Tax Tip Tuesday! Join Kimberly Ferguson, CEO of Emerald Expectations Accounting, as she delves into the benefits of S Corps for your finances. Don't miss out on this valuable information - subscribe now!
Schedule your tax consult with us today 👉https://calendly.com/emeraldexpectations/tax-strategy-consult
Timestamps
00:35 Welcome & Call for Tax Questions
00:58 Question: How does an S Corp REALLY save you money?
02:11 S Corps don't always save you money.
02:45 What is a Reasonable Salary? How do I determine a reasonable salary?
03:40 Benefits of the S Corp
04:25 How much can you really save with an S Corp?
04:40 Requirements of a law-abiding S Corp
05:40 Difficulties of having an S Corp
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💡Resources to get you going
Set Up a Limited Liability Company LLC: https://thelegalpreneur.com/product/limited-liability-company-llc-filings/ref/81/?campaign=emerald
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About us. Kimberly Ferguson is the face behind Emerald Expectations Accounting. She has a Bachelor’s Degree in Business Management, a Master’s Degree in Accountancy, and is an Enrolled Agent with the IRS. She is also a Certified CFO through the CFO Project. Founded on the principles of Integrity, Respect and Excellent Customer Care, Kimberly started her company because she hated the way she saw her clients being treated while working at another accounting firm. She wanted to serve small business owners in a way that actually made a difference in their lives.
-- DISCLAIMER – Kimberly Ferguson, Emerald Expectations Accounting LLC and related parties do NOT provide tax, legal, or accounting advice. This content has been prepared for information purposes ONLY and is not intended to provide and should not be relied on for tax, legal, or accounting advice. Viewing this video does NOT create an accountant-client relationship with Kimberly Ferguson or Emerald Expectations Accounting. You should consult your own tax, legal, and accounting advisors for professional advice.
#smallbusiness #smallbusinessowner #finance #financetips #outsourcedaccounting #cfo #taxtips #taxstrategy #taxstrategies #selfemployed
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