Perfectly Profitable Stylist Podcast

#04 When Should My Beauty Business Be An S-Corp?

January 09, 2023 Michelle Cook, CPA Season 1 Episode 4
#04 When Should My Beauty Business Be An S-Corp?
Perfectly Profitable Stylist Podcast
More Info
Perfectly Profitable Stylist Podcast
#04 When Should My Beauty Business Be An S-Corp?
Jan 09, 2023 Season 1 Episode 4
Michelle Cook, CPA

First comes love, then comes marriage, then comes being-taxed-less-because-you're-super-smart-and-elected-to-be-taxed-as-an-S-Corp-instead-of-that-old-fogey-sole-prop-thingy-your-crusty-uncle-used-to-do.

In this episode we dive into:

  • How much it costs to own an S-Corp
  • When you should make an S-Corp Election
  • Why you must pay yourself as a W-2 Employee

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.

Show Notes

First comes love, then comes marriage, then comes being-taxed-less-because-you're-super-smart-and-elected-to-be-taxed-as-an-S-Corp-instead-of-that-old-fogey-sole-prop-thingy-your-crusty-uncle-used-to-do.

In this episode we dive into:

  • How much it costs to own an S-Corp
  • When you should make an S-Corp Election
  • Why you must pay yourself as a W-2 Employee

For more tips to help your beauty business thrive financially, follow us @smallbusinesscpa. This is where we share daily tips on how to run a successful beauty business.