S Corp: Tax-Saving Hero or Total Hassle?

An S Corporation can be a powerful tool for saving on taxes—but it’s not for everyone.

In this episode of The Cozy CEO, we’re diving deep into the pros and cons of becoming an S Corp. From real-world cautionary tales to side-by-side comparisons, you’ll get a full picture of what it takes to run an S Corporation successfully and whether it fits your business goals.

🎯 What You’ll Learn:
✔️ How S Corps save money—and when they don’t
✔️ The common pitfalls of switching too soon
✔️ The admin, payroll, and tax burdens that come with S Corps
✔️ How ownership and structure impact your future growth
✔️ When it’s worth making the switch—and when to hold off

👇 Tell me in the comments:
What concerns you most about becoming an S Corp?

Timestamps
00:00:00 – The S Corp Dilemma: Save or Suffer
00:00:39 – Real Client Story: S Corps Gone Wrong
00:01:31 – #1: Business Size & Revenue
00:02:06 – #2: Administrative Complexity
00:02:57 – #3: Professional Support
00:03:42 – #4: Extra Tax Filing & Cost
00:04:27 – #5: Payroll Requirements
00:04:57 – #6: Ownership Flexibility
00:05:35 – Is It the Right Move for You?

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💡Resources to get you going
Set Up a Limited Liability Company LLC: https://thelegalpreneur.com/product/limited-liability-company-llc-filings/ref/81/?campaign=emerald
Run Payroll for Your Company: https://gusto.com/?referral_token=kimberly4538&utm_source=inapp

About us. Kimberly Ferguson is the face behind Emerald Expectations Accounting. She has a Bachelors Degree in Business Management, a Masters Degree in Accountancy, and is an Enrolled Agent with the IRS. She is also a Certified CFO through the CFO Project.

Founded on the principles of Integrity, Respect and Excellent Customer Care, Kimberly started her company because she hated the way she saw her clients being treated while working at another accounting firm. She wanted to serve small business owners in a way that actually made a difference in their lives.

-- DISCLAIMER – Kimberly Ferguson, Emerald Expectations Accounting LLC and related parties do NOT provide tax, legal, or accounting advice. This content has been prepared for information purposes ONLY and is not intended to provide and should not be relied on for tax, legal, or accounting advice. Viewing this video does NOT create an accountant-client relationship with Kimberly Ferguson or Emerald Expectations Accounting. You should consult your own tax, legal, and accounting advisors for professional advice.

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