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Personal Finance (Not Investing) • Small business and tax strategy

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Switching from sole prop to S corp is usually one of the first big wins at your income level since it helps with self-employment taxes, but make sure to weigh the payroll/admin costs too. Safe Harbor 401(k) is often a better fit than just profit sharing if you want to max out your own contributions while still taking care of compliance for employees

Statistics: Posted by wizimie838 — Sat Sep 27, 2025 3:29 pm — Replies 1 — Views 1464



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