Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Navigating Entity Selection for Small Businesses

Navigating Entity Selection for Small Businesses

FromFederal Tax Updates


Navigating Entity Selection for Small Businesses

FromFederal Tax Updates

ratings:
Length:
51 minutes
Released:
Oct 23, 2023
Format:
Podcast episode

Description

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.SponsorsPadgett -  Contact Padgett or Email Jeff Phillips
(00:00) - Federal Tax Updates Episode 18

(02:17) - Background on Jeff Darley

(15:03) - Payroll Taxes and Social Security

(19:59) - S Corp vs C Corp

(25:40) - Dealing with IRS on Reasonable Salary Audits

(32:34) - Process of Electing S Corp Status

(39:43) - Estimated Tax Payments

(43:37) - Selling a Business - S Corp vs C Corp
Get NASBA Approved CPE or IRS Approved CELaunch the course on EarmarkCPE to get free CPE/CE for listening to this episode.Connect with the Hosts on LinkedInRoger HarrisAnnie SchwabConnect with Jeff Darley Website : https://littleton.padgettadvisors.com/our-team.php LinkedIn : https://www.linkedin.com/in/jeff-darley-77839b2ReviewLeave a review on Apple Podcasts or PodchaserSubscribeSubscribe to the Federal Tax Updates podcast in your favorite podcast app!This podcast is a production of the Earmark MediaThe full transcript for this episode is available by clicking on the Transcript tab at the top of this pageAll content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.
Released:
Oct 23, 2023
Format:
Podcast episode

Titles in the series (36)

CPAs, Enrolled Agents, and Tax Preparers can keep up-to-date with the latest federal tax information while earning NASBA approved CPE credits and IRS approved CE credits by listening to the bi-weekly Federal Tax Updates podcast. The hosts Roger Harris and Annie Schwab have over 75 years of tax experience between them, which has been featured in various media outlets including Wall Street Journal, USA Today, The Morning Business Report, Bloomberg Business News, and Accounting Today.