Navigating Entity Selection for Small Businesses

Expert guest Jeff Darley joins Roger and Annie to discuss how to choose the right business entity for small business owners. They cover LLCs vs S-Corps, reasonable salary, payroll taxes, and more.

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Padgett -  Contact Padgett or Email Jeff Phillips

  • (00:00) - Federal Tax Updates Episode 18
  • (02:17) - Background on Jeff Darley
  • (15:03) - Payroll Taxes and Social Security
  • (19:59) - S Corp vs C Corp
  • (25:40) - Dealing with IRS on Reasonable Salary Audits
  • (32:34) - Process of Electing S Corp Status
  • (39:43) - Estimated Tax Payments
  • (43:37) - Selling a Business - S Corp vs C Corp

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Connect with the Hosts on LinkedIn
Roger Harris
Annie Schwab

Connect with Jeff Darley
Website : https://littleton.padgettadvisors.com/our-team.php
LinkedIn : https://www.linkedin.com/in/jeff-darley-77839b2
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This podcast is a production of the Earmark Media

The full transcript for this episode is available by clicking on the Transcript tab at the top of this page

All content from this podcast by SmallBizPros, Inc. DBA PADGETT BUSINESS SERVICES is intended for informational purposes only.

Creators and Guests

Annie Schwab, CPA
Host
Annie Schwab, CPA
Franchisee Operations Manager at Padgett Business Services
Roger Harris, EA
Host
Roger Harris, EA
President at Padgett Business Services
Jeff Darley
Guest
Jeff Darley
Owner, Padgett Business Services
Navigating Entity Selection for Small Businesses
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