Should You Form An S-Corporation?

As your business keeps growing, you may be wondering - Should I Form an S-Corporation?

This is a question we get a lot. And the short answer is – it depends.

You need to weigh the extra costs and determine if the benefits are worth it for your specific situation.

00:20 Benefits of an S-Corp:

1. Tax savings

2. Smoother cash flow

00:41 Costs of Running an S-Corp:

1. More rules

2. Running payroll

3. Corporate tax return

From confusion to clarity, Accountabilities has you covered.