#407 Awesome Year-End Tax Tips
Main Street Business
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The S Selection Is the Entity of Choice for Every Small Business Owner
An LLC can turn into an S corporation for tax purposes by what's called an S selection. Every small business owner making 40 grand or more net income, you've got to have an S corporation that saves you on self-employment tax. If you don't believe me that that could save you, go to YouTube and just type Kohler, LLC to S corp,. LLC conversion, Kohler.
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