title>Tax Guru-Ker$tetter Letter Wizard Animation

                 

Tax Guru-Ker$tetter Letter
Saturday, September 15, 2007
 
No one size fits all...


Q:



Subject:  S vs. C orp


Do you still reccommend an S corp for a 1099 contact sales rep for surgical device sales .I am starting out fresh and will recieve $75k first year and scale up to 200 K by end of year 3.

 

Thanks,

 


A:



You must have me mistaken with someone else because I have never made any kind of blanket endorsement of the use of S corps.  I always warn that there is no such thing as a one size fits all approach and that you must work with an experienced tax professional in order to determine what is best for your unique circumstances. 

I do have some comparisons of C and S corps on my website, but these are no substitute for the experience and judgment of a tax professional.  Start working with one right away before you head any further in the wrong direction.

Good luck.

Kerry Kerstetter


 


  


 

Labels:



Powered by Blogger