When to Switch Tax Filing from Sole Prop to an S-Corp: A 3 Part Test for Business Owners

Written By Dan Costigan

You're an LLC taxed as a Sole Prop.... Should you convert to an S-Corp?

S-Corps make a ton of sense... for the right business owners.

If you keep hearing ringing endorsements for S-Corps but aren't sure if one is a fit for you, start with three factors:

✅ Income

✅ Hassle

✅ Taxes

Your income levels, your tax profile, and your willingness to stomach the administrative requirements can help you quickly dismiss or further investigate an S-Corp conversion as a Sole Prop.

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Dan Costigan
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