@kristen.lumiere: If you think your CPA is not in it for themselves… you’re delusional. They’re running a business too. Are they going to make more money if you have just one tax return? Or are they going to make more money if you have two? And by the way, a S corporation tax return is way more complicated and expensive than a personal tax return. Watch the whole video and ask me any questions. I’ll be honest and respond with REAL facts! Follow for more support and free knowledge ♥️
By being an S corp you can save on the self employment tax. Yeah, it saves you taxes by taking a reasonable salary and distributions. That IS how it saves you.
2026-04-10 00:55:52
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Allison | Tampa Hairstylist :
Wait I did the reasonable salary but didn’t do the distributions as far as I know. but I do max out my trad IRA yearly. I still saved a shit ton of money being S corp though
2026-04-10 00:13:10
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