Too often you hear start a LLC, elect to have it taxed as a S Corporation, and deduct your entire life away. If only it were that simple.

If it sounds too good to be true it probably is. There are specific requirements and guidelines established by the Internal Revenue Service as to how a S Corporation should operate.

Welcome To This Course

The purpose of this course is to provide you with the Keys to Understanding the S Corp Election and setting it up for success.

In this course you will receive:

  • An e-book

  • An audio version of the e-book so you can listen on the go

  • S Corp Checklist

  • Sample Accountable Plan

  • Accountable Plan Reimbursement Worksheet

Electing to be taxed as a S Corporation is not some magic wand that will wave your tax troubles away.

However, if done correctly, you can drastically reduce your tax liability, and protect yourself in case of an audit.

I will explain what's really real when it comes to the S Corp.

Still interested? Let's see if this course is for you:

  • Are you tempted to create a S Corp just because someone said you should?

  • Did you experience a significant increase in your income?

  • Did you pay more than $7,500 in self-employment taxes last year?

If you answered yes to any of those questions, this course is for you.

By enrolling in this course, you will gain a greater understanding of:

  • What is a S Corporation?

  • Who is Eligible

  • General Requirements

  • How to Make the Election

  • Stock and Debt Basis

  • Deducting Business Expenses

  • Why Keeping Good Records is Important

  • A Few Tax Strategies

Meet Your Coach

Enrolled Agent / Tax Advisor

Karitsa Kerns

Karitsa Kerns has a passion for all things taxes, business, and real estate. She is an Enrolled Agent licensed through the IRS. She earned her Bachelors of Science degree in Business Administration with a Concentration in Management, and her Masters in Accounting and Financial Management with a Concentration in Certified Public Accounting. Karitsa has been a licensed Real Estate Broker for over 20 years, which is why she's passionate about serving this niche market. She worked in Corporate America for 20+ years in Payroll, Tax, and Accounting before starting her own accounting firm in 2016, KNK Tax and Accounting Services. KNK Tax and Accounting Services core services are Tax Planning, Advisory and Accounting, and Tax Preparation. Their mission is to help individuals and small business owners (particularly real estate professionals) pay the least amount in taxes using legal tax strategies.

But wait... I still have questions:

  • Will I be able to set up my S Corp based on the information provided?

    This course will explain how to set it up. However, we do not recommend taking matters into your hands without the help of a tax professional.

  • How will I receive the products?

    Once the purchase is confirmed you will receive access to the material immediately.

  • Can I use this course to train my team?

    No, all material is trademarked and property of KNK Tax and Accounting Services.

  • If I am not satisfied with the materials, may I receive a refund?

    All sales are final and refunds are provided since you have immediate access to download after purchase.

  • How can I work with you?

    I would be honored if you are ready to take the next step. You can schedule an appointment by visiting knktaxaccounting.com.

Are you ready to take your knowledge of the S Corp Election to to the next level?

Disclaimer:

The materials provided by KNK Tax and Accounting Services have been prepared for informational purposes only, and are not intended to provide tax, legal, or accounting advice. The materials may or may not reflect the most current legislative or regulatory requirements or the requirements of specific industries or of states. These materials are not tax advice and are not intended or written to be used, and cannot be used, for purposes of avoiding tax penalties that may be imposed on any taxpayer. Readers should consult their own tax, legal, and accounting advisors before applying the laws to their particular situations or engaging in any transaction.