Has anyone started an S-corp and later gone full time? Husband has been freelancing full time since last summer. Initially we thought it would be six months before converting to FT, but he’s been extended as an independent contractor until 2023. Ideally that sticks because he’s making north of $300k but he’s been hesitant to go S-corp in case they decide to make him convert. What happens to the S-corp in that scenario?

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Posting as :
works at
You are currently posting as works at

You can easily dissolve it.

Work with lawyer to start the scorp right and dissolve it later. You can also discuss with cpa first if that route makes sense.

My boyfriends scorp wasn’t profitable first year and he’s keeping it even tho he’s working most of the time on w2.

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