Maximizing S-Corp Tax Savings With Strategies

Choosing the right business structure can make a big difference in how much money stays in your pocket, and one of the biggest advantages comes from understanding S-Corp tax savings. Many small business owners start out as an LLC, but once profits grow, electing S-Corp status often opens the door to more efficient tax planning. By shifting income and managing distributions correctly, owners can legally reduce self-employment taxes while still paying themselves a reasonable salary.