You could potentially save thousands of dollars on taxes.
If you get down this one major difference between having an S Corporation and an LLC as your business entity.
When you’re a small business owner, you get to choose between 3 main entities for your business. The most common (and most basic in my opinion) is a Sole Proprietorship. Then there’s the LLC (limited liability corporation) and than the lesser known S Corporation. These 3 are the main kinds of formations small business owners choose from.Read More