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A question from Austin Church's Freelance Cake community puts tax strategy center stage: is taking an S-Corp election actually worth it? Preston and Austin break down the real mechanics behind this often-misunderstood move—how splitting your income between a salary and shareholder distributions can save you tens of thousands of dollars a year, why your state tax laws matter more than you might think, and exactly when it stops being worth the extra paperwork. If your freelance or agency revenue is approaching six figures, this is the conversation that could change how you run your business.
Support our show sponsors -> https://freelancetofounder.com/sponsors
Submit your own question -> https://freelancetofounder.com/ask
Join Austin's Community for Advanced Freelancers -> Freelance Cake Community
Learn more about your ad choices. Visit megaphone.fm/adchoices
By Millo4.6
6969 ratings
A question from Austin Church's Freelance Cake community puts tax strategy center stage: is taking an S-Corp election actually worth it? Preston and Austin break down the real mechanics behind this often-misunderstood move—how splitting your income between a salary and shareholder distributions can save you tens of thousands of dollars a year, why your state tax laws matter more than you might think, and exactly when it stops being worth the extra paperwork. If your freelance or agency revenue is approaching six figures, this is the conversation that could change how you run your business.
Support our show sponsors -> https://freelancetofounder.com/sponsors
Submit your own question -> https://freelancetofounder.com/ask
Join Austin's Community for Advanced Freelancers -> Freelance Cake Community
Learn more about your ad choices. Visit megaphone.fm/adchoices

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