We’re getting technical today, but it’s for a good reason. S Corps or S Corporations are a hot topic among business owners, but they are not a “one size fits all” solution. Listen to this episode to find out exactly what an S Corp Election is, who it benefits, and what you need to do if you decide this is the right choice for your business. 

Join us as we discuss:

• What exactly an S Corp is (spoiler alert- it’s a tax entity NOT a legal entity)

• The steps you need to take to become an S Corp

• Wondering if you should elect to be an S Corp? Take this quiz- it will help guide you as you get more information. 

• Need help figuring out a reasonable compensation? We offer Reasonable Compensation Reports and you purchase one here. 

• Ready to set up payroll? We love Gusto! (affiliate link)

• Need to get your money stuff set up right? Join the Biz Money Library for Free- https://megkwheeler.com/free 

• Submit Your Questions - DisruptYourMoney.com

• Leave A Review- Apple Podcasts or wherever you listen 

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This podcast is hosted by Meg K. Wheeler, CPA and Biz Money Coach and Founder of the Equitable Money Project. Meg is on a mission to turn online educators, service providers and coaches from Not Numbers People to Badass Money Makers. Are you ready to Disrupt Your Money? Learn more about Meg here!

This podcast is intended for informational & educational purposes only and is not intended as professional financial advice. 

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Connect with Meg across social:

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Did you Disrupt Your Money, build your bank account, and transform your way of life?  Tell us how this episode impacted you and leave a review at Apple Podcasts or wherever you listen. 

Breaking down financial systems is always better with a buddy - tell a friend about this podcast so you can Disrupt Your Money together: http://disruptyourmoney.com

Song Credit: Midnight Specials by Ash Nino