Thinking about switching your LLC or C-Corp to an S-Corporation?
Many business owners choose S-Corp status for potential tax benefits โ but the rules can be confusing.
Before you convert, make sure you qualify and understand the steps.
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๐ DM me if you need help with your S-Corp election
Svetlana Kim-Chon, CPA
Svetlana Kim-Chon CPA is a California PC offering Accounting and Tax Advisory services for businesses and individuals.
With deep industry experience, we tailor solutions to your needs and help you navigate financial challenges with clarity and confidence.
11/28/2025
Business owners can pay less taxes with a Solo 401(k). Your employer contribution is fully tax-deductible, which lowers your taxable business income and helps you build retirement savings.
Solo 401(k)s are designed for business owners with no employees (other than a spouse). This plan lets you contribute as both the employee and the employer for higher limits and bigger tax benefits.
If you have questions, drop them in the comments!
Business Owners Pay Less Taxes With a Solo 401k Business owners can legally pay less taxes with a Solo 401(k).Your employer contribution is fully tax-deductible, which reduces your taxable business income ...
11/23/2025
https://www.youtube.com/watch?v=3pXHXJxZlt4
Are you a small-business owner or self-employed professional? Learn how to decrease your taxable income while building your retirement savings โ legally and effectively.
In this video, CPA Svetlana Kim-Chon breaks down three powerful retirement options: SEP IRA, SIMPLE IRA, and 401(k). Youโll see how each plan works, who qualifies, and how much you can contribute for 2025 โ all explained in plain English.
๐ Watch now to learn how every dollar you contribute can work for your future instead of going to the IRS.
How Business Owners Can Pay Less Taxes Are you a business owner or self-employed professional looking for legal ways to lower your taxable income and keep more of what you earn? In this video, I b...
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Why do so many business owners switch to an S-Corp? ๐ผ
Learn what to know before converting your LLC or C-Corp ๐
โ
Save on self-employment taxes
โ
Simplify profit distributions
โ
Pass-through income to owners
๐ก Talk with a CPA to see if itโs the right move for your business.
๐ก California employers โ big change is coming in 2025!
If you have even one employee, the state now requires you to offer a retirement savings plan.
You can choose CalSavers, a 401(k), SIMPLE IRA, or SEP IRA โ the key is to stay compliant and protect your employeesโ future.
๐
Deadline: December 31, 2025
๐ฌ Talk to your CPA or tax professional for guidance specific to your business.
๐ For more valuable tax and compliance insights, follow and subscribe to EduTax USA on YouTube: www.youtube.com/
10/16/2025
๐ข Attention California Employers:
Starting in 2025, if you have at least one employee, you must offer a retirement savings plan to stay compliant with California law.
You have options:
โ Offer your own 401(k), SIMPLE IRA, or SEP IRA, or
โ Register for the state-run CalSavers program.
The deadline is December 31, 2025, and penalties for non-compliance can reach up to $750 per employee.
โ
Make sure your plan meets all state and federal requirements.
๐ฌ Each business is unique โ always talk to your CPA or tax professional to find the best fit for you and your employees.
โถ๏ธ For more educational tax updates and compliance guidance, subscribe to EduTax USA on YouTube: www.youtube.com/
10/10/2025
2025 Tax Breaks Explained: Car Loans, Tips & Overtime
2025 Tax Breaks Explained: Car Loans, Tips & Overtime Starting in 2025, the One Big Beautiful Bill Act introduces three powerful new โabove-the-lineโ tax deductions โ for car loan interest, tips, and overtime pa...
09/23/2025
https://www.youtube.com/watch?v=B5eUcYEGHZw
New 2025 Tax Rules: What Business Owners Need to Know NEW 2025 Tax Rules: What Business Owners Need to KnowDonโt leave money on the table! ๐ซ๐ฐ The One Big Beautiful Bill (OBBBA) permanently changed two major ta...
09/05/2025
https://youtu.be/0KE0Hd4Z5-Q?si=Vu1NyL1Ar2gnILj5
What Business Entity Is the Best Fit for You? Thinking of starting a business but not sure what type of entity to chooseโLLC, S-Corp, C-Corp, or sole proprietorship? Or maybe your business situation has ...
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