Navigating Entity Selection for Small Businesses
- Author
- Roger Harris, EA and Annie Schwab, CPA
- Published
- Tue 24 Oct 2023
- Episode Link
- https://share.transistor.fm/s/7e1cb9e8
Expert guest Jeff Darley joins Roger and Annie to discuss how to choose the right business entity for small business owners. They cover LLCs vs S-Corps, reasonable salary, payroll taxes, and more.
Sponsors
Padgett - Contact Padgett or Email Jeff Phillips
- (00:00) - Federal Tax Updates Episode 18
- (02:01) - Background on Jeff Darley
- (14:47) - Payroll Taxes and Social Security
- (19:43) - S Corp vs C Corp
- (25:28) - Dealing with IRS on Reasonable Salary Audits
- (32:22) - Process of Electing S Corp Status
- (39:31) - Estimated Tax Payments
- (43:25) - Selling a Business - S Corp vs C Corp
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Connect with the Hosts on LinkedIn
Roger Harris
Annie Schwab
Connect with Jeff Darley
Website : https://littleton.padgettadvisors.com/our-team.php
LinkedIn : https://www.linkedin.com/in/jeff-darley-77839b2
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This podcast is a production of the Earmark Media
The full transcript for this episode is available by clicking on the Transcript tab at the top of this page
All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.
