Do you think your small business or side-hustle is going to NET $40k this year? You need to seriously consider this strategy. If your side-gig is making over $3,000 per month, you should be making the transition to an S Corporation. The equation will vary if you have a day job, spouse, or other income stream. Bottom line: if your small business is netting $40k, an S Corporation needs to be your next move. I have a FREE Ultimate Tax Guide that includes tips just like this! Link in Bio. #Scorp #business #taxes #cpa #fyp