Taxes for Different Business Types

How to be Taxed as a Sole Proprietor

  • Types of taxes: FICA, federal income, and state income taxes
  • How to calculate taxes
  • How to pay taxes

 

How to be Taxed as a Corporation

  • Limited liability company 
  • Employee tax details
  • Employer tax details
  • Payroll vs. Dividend 

 

How to be Taxed as an SCorp

  • Professional Services to Contract Out
  • Payroll
  • Accountants

 

Additional Resources