Sch C vs S-Corp: When to Take The Election - Tax Bites 2024

We get asked all the time, "When should I become a S-Corp?"

There is so much bad advice on YouTube and Tic Tok, and so many pros and cons that need to be reviewed, it is easy to get buried in the data. Each client is unique, as is each of their businesses. 

In this course, Elizia will explain how to analyze each small business return's taxable income, QBI, how taxes are affected, and how future social security planning is affected. All important points to discuss with each client. 

Elizia will provide a spreadsheet she created that she shares with each client as they discuss the different options and hands to clients at the end of the meeting with her notes. 

A great tool to add to your workflow.

Elizia Meskill, EA is the owner of Green Tax Services, Inc in Lady Lake, FL. She specializes in individual and business tax preparation as well as tax planning, bookkeeping set up and cleanup. She has been in the accounting field since 1995, starting from positions as a payroll manager to full charge bookkeeper to a controller in NYC to a tax preparer and bookkeeper trainer for a local CPA firm in VT. Elizia has an associate degree in Accounting and has been doing continuing education ever since. Her passion is to save her clients money, so tax planning and reading every book out there on the subject of tax planning and loopholes has become her obsession.