Episode Details
Back to EpisodesHow To Save On Your Taxes With Your LLC. Change Your LLC Status
Description
How To Save On Your Taxes With Your LLC. Change Your LLC Status to an S Corporation. Tax savings $50k or more net profit.
💥Turner Accounting Group to help you change your LLC to an S Corp for less than $500. Special Price for Stop Struggling Now Nation: https://turneraccountingroup.com/
💥LLC Net Profit Self Employment Tax Calculator: https://www.taxact.com/tools/self-employed-calculator
💥LLC vs S-Corp Tax Calculator: https://www.incfile.com/s-corporation-tax-calculator/
💥IRS Form 2553 to change your LLC to an S Corporation. Election by a Small Business Corporation: https://www.irs.gov/pub/irs-pdf/f2553.pdf
💥S Corporation IRS Filing Form. Filed before March 15th every year, 1120-S: https://www.irs.gov/pub/irs-pdf/f1120s.pdf
💥IRS K-1 Form that owners must submit with tax returns: https://www.irs.gov/pub/irs-pdf/f1120ssk.pdf
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