How one designer stopped writing huge tax checks

 

Here's the latest guest blog post from web designer, Jill Anderson of Jill Lynn Design, a long time Marketing Mentor client who's often sharing what she's learned about running her own business. This time it's about whether to be an S Corp -- mine is too, BTW. Enjoy!

Are you stressing about tax time?

Dreading the big check you might have to write?

I’ve been there.

But many years ago, I learned my lesson.

Being a sole proprietor wasn’t working for me—and after a chat with my CPA—I found a better tax election for my business: the S Corporation.

Why I love being an S Corporation

  • I’ll never have to write the government a 17k check again.
  • I get a W2. I’m an employee of my company.
  • It creates separation between the business’s money and my personal money.
  • It makes end-of-year taxes easier.

Ultimately I got rid of something that wasn’t working for me, and found something that was. It’s one of the reasons I love being self-employed—because I get to make these decisions!

Learn more about my business structure in my latest blog post:

The 17k check that changed my approach to business and taxes

 

Hi, I’m Jill, a web designer/developer who partners with talented designers, copywriters, and agencies on their websites, and their client’s sites. I’m passionate about crafting beautiful and innovative WordPress websites focused on clear positioning and positive user experiences. See my work & get my free report, Get Your Website Done: 12 Actionable Steps for Designers.