Here's how to file your taxes as an S Corporation in 2023, stepbystep. I run into too many people who changed their tax status to s corp, but really have no idea how what they are doing. So in this video, I do a thorough review of now only how to file your taxes, but other important things you need to know.

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So today, I’ll be going over:
How S Corps Work
Exactly How to File Your Taxes
How to Stay in Compliance
And tips and FAQs so you stay out of trouble with the IRS

Timestamps:
Intro (0:00)
#1 How S Corps Work (1:00)
#2 Why Become an S Corp Owner? (2:13)
#3 S Corp svs C Corps (5:00)
#4 How to Change Your Tax Status (6:36)
#5 How to File Taxes as an SCorporation (7:30)
#6 How to Stay Compliant (10:30)
#7 Should Business Owner Be an SCorp?? (13:00)

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).