Choosing between an LLC, S corp and C corp, and how owners get paid: owner’s draws, reasonable salary and distributions, and what each means for tax.
Business Structure & Owner Pay
How an LLC becomes an S corp, how much payroll tax it can save in 2026 and 2027, when the election makes sense and when it doesn't, and the compliance steps that come with it.
Business Structure & Owner Pay
LLC partners cannot be paid a W-2 salary. Here is how guaranteed payments work instead, how they are taxed and reported on Schedule K-1, and how to record them correctly in your books.
Business Structure & Owner Pay
Is an owner’s draw an expense? How draws, salary and distributions work and are taxed in LLCs, partnerships, S corps and C corps.
Business Structure & Owner Pay
S corp vs C corp for 2026 and 2027: pass-through vs 21% tax, double taxation, who can own an S corp, QSBS, state rules and which startups choose.