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Topic: tax savings

4 articles about tax savings.

Business Growth9 min read

When Should a Freelancer Upgrade from Sole Proprietor to an LLC?

You did it. You actually turned your skills into a real, profitable freelance business. The clients are rolling in, your income is finally growing, and you're feeling that sense of freedom you always dreamed about. It's an incredible feeling.

llc benefitsbusiness growthhigh-income freelancer+2 more
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Tax Optimization8 min read

Calculating 'Reasonable Salary' for an S-Corp: An IRS Compliance Guide

So, you did the smart thing. You formed an S-Corp to optimize your taxes and take home more of your hard-earned money. It felt like a major win. But now a single, nagging question has started to creep in, probably late at night: "Am I paying myself *enough*?"

reasonable compensations-corporationirs rules+2 more
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