“Avoid These Common Mistakes
When Converting to an S Corporation”
To get my complete article
with all the details…
Thinking of turning your business into an S corporation?
This can be a very smart move… but be careful. VERY careful.
You see, Big Brother (AKA the IRS) will be
watching you closely, and if you get things
wrong, you could pay a terrible price.
I know. At first glance, the tax laws that apply to switching to an S corporation look pretty simple.
They are not. They are a mine field that can do you in if you don’t know what you’re doing.
Here’s what you risk if you get things wrong.
You can wake up one day only to discover that what you thought was your S corporation is actually a C corporation. Ouch!
Here’s what you’ll learn in my new article
that can keep you out of trouble.
- Five requirements you must meet to operate as an S corporation.
- Hidden mistakes that are easy to make.
- The important qualification requirements your spouse may have to meet. (This is key!)
- The right way to convert an LLC to an S corporation.
- What happens if you make the wrong kind of loan to your company.
And lots more.
If you want to make a smooth transition to an S corporation and avoid big problems, take my good advice…
CLICK HERE and read my complete new article titled…
“Avoid Common Mistakes
When Converting to an S Corporation”