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S Corp Election
1 creator use or recommend it
1 recommend
Last discussed Mar 23, 2026
A tax election allowing LLCs and corporations to be taxed as S corporations, potentially reducing self-employment taxes for business owners.
Recently discussed in
Stop Overpaying Taxes Now
Codie Sanchez · Mar 23, 2026
What creators say
Codie Sanchez
recommends
"Our founder, we tell her to switch to an S corp election. Now, she pays herself a reasonable salary of, let's say, 150K. Still hits with the payroll tax, but takes the remaining $350,000 as distributions."
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