S-Corp

S Corporation (S-Corp) Formation & Benefits 

At JakalTax, we help business owners set up and manage S Corporations (S-Corps) to maximize tax savings and protect their assets. Choosing to structure your business as an S-Corp can provide significant financial and operational advantages. 

Why Choose an S-Corp? 

✅ Tax Savings on Self-Employment Taxes – Unlike sole proprietorships and LLCs, S-Corp owners can pay themselves a reasonable salary and take additional profits as distributions, which are not subject to self-employment taxes. 

✅ Limited Liability Protection – Just like an LLC, an S-Corp shields your personal assets from business liabilities and lawsuits. 

✅ Pass-Through Taxation – Business income is not taxed at the corporate level—instead, it passes through to the owners, avoiding double taxation. 

✅ Increased Credibility & Growth Potential – An S-Corp structure can make your business more attractive to investors and lenders. 

Is an S-Corp Right for You? 

S-Corps are ideal for small business owners, freelancers, and entrepreneurs who want tax efficiency and legal protection. However, there are specific requirements, such as having no more than 100 shareholders and all owners being U.S. citizens or residents. 

At JakalTax, we handle the entire S-Corp election and formation process, ensuring compliance with IRS regulations while helping you take full advantage of the benefits. Contact us today to see if an S-Corp is the right choice for your business!