Having a corporation can sound daunting, particularly if you’re a one-woman or one-

man show, but corporations are a great option. Especially S-Corporations (also known as an S-Corp.) In this episode you’ll get a quick overview about what an S-Corp is and when the right time is to create an S-Corp.

 

S-Corps offer a lot of benefits - including the potential to save you a significant money over time. That’s one of the main reasons a lot of business owners elect S-Corp status. Listen in to find out the pros and cons of having an S-Corp and the basics of S-Corps in easy-to-understand language.

In this episode Lisa shares:

• What’s an S-Corp exactly?
• How an S-Corp could save you money on taxes
• Whether it’s true that S-Corps are more work than LLCs  
• The pros and cons of having an S-Corp
• 2 ways to have a S-Corp status
• Why you should thank the IRS (not kidding!)
• When’s the right time to create an S-Corp
• Why she aligns S-Corps with the third eye chakra

 

Freebie:

Download Episode 13 Tip Sheet - includes your S-Corp Pros & Cons chart

“Top 10 Questions to Ask When Hiring an Accountant”

Resources:

Easy Legal Steps - download the first book chapter free!

Legally Enlightened Podcast - Episode 6

Mentions:

Peace candle by Danielle LaPorte

doTerra Peppermint oil and Breathe essential oil

Starbucks

Apple

Nike

Subchapter S of the Internal Revenue Code