Ep. 15 - S-Corp Status for Your Business

If you have your own business and earn over $50k, you'll want to listen to this episode. Electing an S-Corp tax status for your LLC might save you thousands in taxes.  Michelle Moses, CFP® and Jared Van Arsdale, CPA discuss the complexities and benefits of electing an S-Corp status. Key Takeaways -  Who makes a good candidate for this election and how to do it.  Once elected, logistical items to consider.   Form 2553 for S-Corp Election on IRS.gov Jared Van Arsdale's Website Follow Michelle on Instagram- michelle.e.moses   Me Financial Website If you enjoyed today's episode, share it with your circle, and don’t forget to leave a review! Disclaimer: The information provided in this podcast is for general informational purposes only and should not be construed as professional financial advice. Always consult with a qualified financial advisor or professional before making any financial decisions. The hosts and guests of this podcast are not responsible for any actions taken based on the information presented.