Vol. 01 · Issue 04

The Smart Money — Weekly personal finance dispatches

Personal finance for people who want to be great with money — written by the friend who already is.

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Small Business DeskIssue #16 · Jul 7

LLC or S-corp? The decision, without the mystique.

One number tells you the answer. Everything else is noise the internet added.

Priya Menon

The Smart Money

1 min readEvergreen

The number is your net business profit. Below roughly $60–80K, the S-corp election typically costs more in payroll, bookkeeping, and complexity than it saves in self-employment tax. Above that, it usually starts to pay for itself.

Everything else — liability, branding, professional feel — is a separate question and mostly handled by the LLC itself, not the tax election on top of it.

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