
S-Corporations: Pros & Cons
One of the most common questions I get are about S-Corporations (S-Corp) and if it's actually worth it to be in one. S-Corps can provide some easy tax savings, especially if combined with other strategies. S-Corps are also one of the first things I consider when looking at businesses that are profitable but don't yet have a strategy in place. However, it's important to consider all the pros as well as the cons to be sure an S-Corp is right for you. There are many things to c