The hidden S Corps costs... 1️⃣ Payroll processing fees - the fees you pay your payroll provider to put yourself on payroll. 2️⃣ Tax prep fees for an S Corp return - these range but are usually around $1,500-$2,000 for an S Corp return (depending on the complexity). 3️⃣ Better Bookkeeping - you now have to start maintaining a balance sheet (no more tracking only your income and expenses). The balance sheet will now be reported on your S Corp return. If you’re going to pay for a bookkeeper to do
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