🎙️ The Money Confident Podcast with Jillian Todd Episode 08: S-Corp vs. LLC — Should You Switch to Save on Taxes?

You've probably heard the buzz: "Become an S-Corp and save thousands on taxes!" But is it really worth it for your creative business?

In this episode, Jillian breaks down what most accountants, Instagram tax influencers, and financial bros won’t tell you — the real pros, cons, and math behind filing as an S-Corp vs. staying an LLC (or sole proprietor).

By the end, you’ll know whether this move belongs on your to-do list or if it’s time to scratch it off for good. ✨

💼 In This Episode, You’ll Learn:

• The difference between an LLC, S-Corp, and sole proprietorship (and how each affects your taxes)

• What self-employment taxes actually are — and how S-Corp status helps reduce them

• Why “putting yourself on payroll” is required for S-Corps (and how to do it right)

• How to determine a “reasonable salary” (and why the IRS cares)

• Plus a Jillian walks through a real client example: how one photographer gave herself a $10k raise without paying more tax

🔎 Not Sure If This Is For You?

Download Jillian’s S-Corp vs. LLC Calculator

Plug in your revenue, expenses, and salary to see if switching to an S-Corp makes sense for your business.

🧾 Jillian's Reminder:

“An S-Corp can absolutely save you money, but only if your business is ready for it — and you're managing it correctly.”

📬 Want Personalized Support?

DM Jillian on Instagram @_jilliantodd with your numbers or questions — she loves helping creative business owners get clarity on this stuff.