Ep61 - When is an S-Corp a Bad Idea?

1/23/23 - When is an S-Corp a Bad Idea?

In this must-listen episode, we delve into the crucial decision of converting your business to an S-corp. Is it the right move for your business in its early years? What about as you approach retirement? Plus, we explore the implications for those juggling a W-2 job alongside their consulting gig.

Diving into:

  • Early-stage business and S-corp advantages

  • S-corp considerations for pre-retirement planning

  • Balancing a W-2 job with an S-corp structure

Related episodes:

Ep 55 - 3 Things You Need to Change When Becoming an S-Corp

Ep 25 -  How to Pay Yourself From Your Business: Salary vs Owner Distributions vs Profit

Ep 21 -  What’s an S-Corp and When Should I Become One?

In the meantime, may your week be filled with $100 bottles of wine, magic genies, and profit…

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Ep62 -To Hire or Not to Hire: Successful Hiring for Solopreneurs with Jamie Van Cuyk

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Ep60 - Financial Basics for Starting a Consulting Gig in 2024