305 \\ The Truth About S-Corps, LLCs, and the Tax Code
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305 \\ The Truth About S-Corps, LLCs, and the Tax Code
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About this listen
Most business owners set up an LLC and think they’re done—but the wrong tax structure could be draining $15,000 to $30,000 a year from your profits. In this episode, Tiffany Phillips explains how sole proprietorships, S-Corps, and C-Corps really work, and how each impacts your taxes. You’ll learn how to legally pay less, avoid self-employment tax traps, and make smarter business structure decisions that protect both your assets and your wallet.
If you’ve ever been confused about LLCs versus S-Corporations, or why your CPA hasn’t mentioned changing your election, this episode will make it crystal clear.
Next Steps:
💰 Start Paying Less in Taxes – Grab a Copy of Your Biggest Expense!
☎️ Find Out How Much You’re Overpaying the IRS – Book a Free Discovery Call
📧 Questions? Email Me at hello@phillipsbusinessgroup.com
👩💼 Join My Private Facebook Group: Tax & Wealth Strategies for Women Entrepreneurs 📲