Antoine | Growth Univ. ๐๐
4 years
The benefits of S-Corp taxation for your LLC is that you can pay less in taxes.
If you are not taxed as a S-Corp
$100,000 net income.
All $100,000 pass through to you as self-employment income. In addition to income taxes, youโll owe self-employment tax of $15,300, or 15.3%