Most small businesses shouldn’t consider incorporation. The red tape and overhead connected to corporate tax returns and payroll tax returns is just too much.
However, once a small business begins to generate significant profits, the small business may want to consider operating as an s-corporation.
An s-corporation may allow the small business owner to avoid the 15.3% payroll tax on a substantial portion of the firm’s profits.
Our Pennsylvania S corporation kit
For Pennsylvania small business owners and entrepreneurs interested in the small business s-corporation option, we provide two downloadable do-it-yourself kits.
We recommend Pennsylvania entrepreneurs use the LLC version of our s-corporation kit which you can acquire by clicking the button below.
If you want to use a traditional corporation as the base for your s-corporation, alternatively, you can acquire that kit by clicking the button below.
Note: each kit comes with complete instructions you will need to form an LLC or corporation as well as sample governing documents you will need for the new entity.
Money Back Guarantee
All of our digital goods come with a money back guarantee. If you buy one of our Pennsylvania kits and realize it doesn’t work, just e-mail us for a refund request. The e-mail address is steve.nelson@stephenlnelson.com.
Additional Resources
Tax Returns Required for a New Corporation: Here is a short article that describes the tax returns your new Pennsylvania c- or s-corporation will need to file.
Which Accounting Program Should I Use For My Small Business?: This article touches on a few options regarding accounting systems you may want to consider over tools like Excel.
Small Business IRS Audits: Minimizing Damage and Distress: Some tips on how to handle a small business IRS audit.
Forming a Pennsylvania Limited Liability Company: If you are just interested in limiting liability but don’t want the additional trouble of performing payroll, this may be for you.