Legally Enlightened With Lisa Fraley

Having a corporation can sound daunting, particularly if you’re a one-woman or one- man show, but corporations are a great option. Especially S-Corporations (also known as an S-Corp.) In this episode you’ll get a quick overview about what an S-Corp is and when the right time is to create an S-Corp.   S-Corps offer a lot of benefits - including the potential to save you a significant money over time. That’s one of the main reasons a lot of business owners elect S-Corp status. Listen in to find out the pros and cons of having an S-Corp and the basics of S-Corps in easy-to-understand language. In this episode Lisa shares: What’s an S-Corp exactly? How an S-Corp could save you money on taxes Whether it’s true that S-Corps are more work than LLCs   The pros and cons of having an S-Corp 2 ways to have a S-Corp status Why you should thank the IRS (not kidding!) When’s the right time to create an S-Corp Why she aligns S-Corps with the third eye chakra   Freebie: Download Episode 13 Tip Sheet - includes your S-Corp