If you’re self-employed or running a small business, choosing the right entity structure can make a big impact on your tax liability. An S-Corp may allow you to:

• Reduce self-employment tax
• Split income between salary and distributions
• Add credibility to your business

But it’s not for everyone. You’ll need to:

• Run payroll (even for yourself)
• File extra tax forms
• Stick to IRS deadlines

Before you switch, talk to us. We’ll help you weigh the pros and cons and run the numbers based on your situation.