Small Business Payroll

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True or false?You have to be an LLC to be taxed as an SCorp. TRUE!The IRS states that an LLC will be treated as a corpor...
01/25/2024

True or false?
You have to be an LLC to be taxed as an SCorp.

TRUE!
The IRS states that an LLC will be treated as a corporation, partnership, or as part of the owner’s tax return (sole proprietorship). So to gain the benefits of being taxed as an SCorp (one type of corporation), you need to be an LLC. [citation in comments]

Don’t know where to begin? At Small Business Payroll, we specialize in setting you up for success and then seeing you through the payroll steps and beyond. Give us a call today for a complimentary introductory consultation to see if our services would be beneficial to you and to see if we will work well together!

Did you know that if you are an LLC but taxed as a sole proprietor (Schedule C with your personal tax return), and you p...
11/09/2023

Did you know that if you are an LLC but taxed as a sole proprietor (Schedule C with your personal tax return), and you profited $20,000 or more in a year, you are overpaying on your taxes? Contact me today to talk about switching to an SCorp and how that could benefit your company. Then, I would have the privilege of offering you my payroll services, even if you don’t have any employees!! Reach out today and SAVE!

Happy Thursday! I'm Lauren with Small Business Payroll and I'm so excited to share how payroll could help your small bus...
04/13/2023

Happy Thursday! I'm Lauren with Small Business Payroll and I'm so excited to share how payroll could help your small business grow just by making a few changes to how you are taxed. Or if you are an already established business, I'd love to hear what you like and don't like about your current payroll provider and see if a quote from us would better suit your budget! I hope you have such a good day!

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Florence, KY

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