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Hello fish what will be the in hand salary..?
I make $400k TC AMA
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Any recruiter recommendations for LA / SoCal?
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Fire your accountant and get someone competent.
This is the most important advice. This is basic, 101 stuff that they should be able to easily understand.
Probably an S Corp. But I would talk to an accountant.
You need a new accountant. Or a code tax/corp formation lawyer.
If you're looking for tax advantages, you're probably better off with a PLLC or LLP than any type of PC.
PLLC designated as an S Corp
Rising Star
Well, do you want to be taxed as a partnership or corporation? There loads re this online. Use your google-fu and educate yourself!
I think S-corp is for a company with 100 shareholders or less and the C-Corp is for your huge companies like Apple. Do not take this as legal advice. This is just what I seem to remember from law school lol
S Corp is a tax designation and the way to go. There are calculators, the savings I got were almost $50K difference and along with an LLC for the best legal protection.
I don’t think there’s any reason to use a C corp unless there are tax benefits, grants, SBA loans, etc. that require a C corp. in virtually every other situation S for a small corp.