Should You Become an S-Corp? The Truth for Creative Entrepreneurs | Let’s Get Fiscal EP01

🎙 Hosted by Anastasia, Myiesha & Danielle | Coterie Tax and Advisory

Is an S-Corporation actually worth it for your creative business?

In this episode of Let’s Get Fiscal, we break down the hype and the reality of S-Corps. Learn when it’s the right time to switch from an LLC, how “reasonable compensation” works, what tax savings to expect (and what headaches come with it), and how your industry and lifestyle impact the best financial structure for your business.

Whether you’re a freelance videographer, a growing agency, or a multi-hustle entrepreneur—this episode will give you the clarity to make smarter decisions and avoid expensive mistakes.

⏱️ Timestamps

00:00 – Intro: What Airbnb has to do with tax savings

00:49 – S Corps explained (without the fluff)

02:01 – When to transition from LLC to S Corp

03:02 – S Corp vs. LLC: What’s actually different

07:35 – Reasonable compensation made simple

10:40 – Payroll, bookkeeping & strategy

17:14 – State vs. Federal rules (and how to stay compliant)

33:33 – Final thoughts: Is it right for you?

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