Should Your Business be Taxed as an S Corp? Colorado Tax Attorney Explains the Benefits

Why should a small business review their choice of entity?

Why should a small business review their choice of entity? That goes back to the S corp discussion. S corp tax savings can be substantial especially for those small business that are in the one to two hundred-thousand-dollar income range.

More Q&As on this Topic:

• What is the difference between tax evasion and tax avoidance?
• Why should a small business review their choice of entity?
• How can a tax attorney help a small business?
• What is FICA tax planning?