The S-corp is the most requested topic Lauren gets — and the most misunderstood. In this episode, she clears up the biggest misconception first: you don't form an S-corp. You elect it. It's a federal tax classification, not a business entity. Lauren explains how the election works mechanically, what changes on the tax side, and then walks through the break-even math that tells you whether it actually saves money for your specific business — because the answer isn't always yes.