Tax Benefits Of S Corps, With Nate Yesner

Electing to be taxed as an S-Corp can be a smart tax move for some companies, and a bad one for others.

Nate Yesner joins Michael to discuss the ins and outs of S Corp elections, including the tax ramifications and other considerations for business owners to evaluate.

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Episode Highlights

  • Overview of the different entity structures available to new companies.
  • Comparison of tax bills to owners of LLCs that elect to be taxed as partnerships compared to S Corps.
  • Review of the self employment tax calculation.
  • Discussion of other factors that play into the S Corp election decision.
  • How to avoid common mistakes made by entrepreneurs.

Episode Resources

Today’s Guest: Nate Yesner, ENGAGE CPAs

About The Tax Efficient Investor Podcast

On the Tax Efficient Investor podcast, we show you how to protect, grow, and transfer your wealth by implementing tax-advantaged investment strategies. Host Michael Johnston demystifies tax strategies that are favored by the most successful and sophisticated investors, including 1031 exchanges, IRA & 401k plans, HSA accounts, trusts, real estate, and more.

Michael Johnston, CFA
Michael Johnston, CFA

Michael Johnston, CFA is the co-founder and President at WealthChannel, and host of WealthChannel Academy.

Michael previously founded ETF Database, the leading independent authority on exchange-traded fund investing.

Michael's professional experience includes positions in corporate finance and investment banking, as well as entrepreneurial experience as a co-founder and early employee in multiple high growth, venture-backed companies.

Michael graduated from the University of Notre Dame with a degree in Finance. He lives in Oregon with his wife and son.