In this video, we cover everything you need to know about the S-corp! What the S "ELECTION" actually is? (LLC versus S-corp) How does the s-corp work? How is the s-corp taxed? Why to elect S-corp status? And, how to elect S-corp status? Want to actually setup your S-corp or learn when is the best type to setup your S-corp? Check out my LIVE online course here: Need help organizing or catching up your accounting and taxes? Get the free business spreadsheet template (basic accounting, quarterly taxes & end-of-year tax). Get it here: https://www.amandarussell.mba/getthebusinessspreadsheet If you have a bigger business or want access to me! Check out my SMALL BUSINESS SCHOOL here: https://www.amandarussell.mba/30dayaccounting Other popular videos you may like: The Balance Sheet Explained: https://youtu.be/UXtRoEO9zp0 What is a Holding Company? https://youtu.be/SfGhXDMm5r4 Does the LLC save taxes? https://youtu.be/ZRaAs4Xq_yc Sole Proprietor vs. LLC vs. S-corp: https://youtu.be/tCiv1p0__JI How Businesses are Taxed: https://youtu.be/8qzQop2xPZY 9 Short Steps to Create Your LLC: https://www.youtube.com/playlist?list=PL6RQXhWqnQGEoKnvZXu9Jw84YQmvegmxA