Escaping the Tax Trap: S Corp Moves to Keep Your Money Yours
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Escaping the Tax Trap: S Corp Moves to Keep Your Money Yours
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About this listen
Are you self-employed or running a small business? You could be paying way more tax than you need to. In this episode of The Hidden Money Podcast, Mike and Kevin break down S Corporation tax strategy secrets, including how S Corps can dramatically reduce your self-employment tax, what “reasonable compensation” really means (hint: it’s NOT a fixed percentage), and why setting up an S Corp the right way could save you thousands.
Discover:
✅ The #1 question to ask before you form an S Corp
✅ How to legally reduce Medicare and Social Security taxes
✅ Common mistakes that trigger IRS audits (and how to avoid them)
✅ How S Corps impact your QBI deduction
✅ Why you should never put real estate in an S Corp
Take action: If you’re serious about keeping more of what you earn, subscribe and share this episode with other business owners who need smart tax strategies.
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