What Are The Disadvantages of An S-Corp?

Taylor Darcy
Taylor Darcy
Taylor is a graduate of California Western School of Law and a California licensed attorney. He serves as the Chairperson on the Board of Directors for Access to Independence and is an Adjunct Professor for Southwestern College. Taylor has a fantastic wife, four beautiful daughters, and a son.

It’s not all rainbows and sunshine when it comes to an S-Corp! Contrary to popular opinion the S-Corp is NOT the panacea for businesses.  There are some significant drawbacks if you choose the S-Corp tax designation.

Check out today’s video to see what some of these disadvantages!

You do not want to miss todays video!

NOTICE: The information on this website does not constitute legal advice. You should not rely on any information without seeking the advice of a competent attorney licensed to practice in your jurisdiction. This website is both a communication and/or solicitation as defined by California Rules of Professional Conduct, rule 1-400. For further information, please click here.

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Think Legal, P.C. represents clients throughout California and the San Diego metropolitan area in issues of business entity formation, business planning, and personal injury. This includes the cities of San Diego, La Jolla, Del Mar, Carmel Valley, Oceanside, Solana Beach, Encinitas, Rancho Sante Fe, San Marcos, Mission Valley, El Cajon, Escondido, La Mesa, Poway, Coronado, Chula Vista, Vista, San Ysidro, Lakeside, Santee, Solana Beach, and National City. Attorney Taylor E. Darcy is responsible for this website.

NOTICE: The information on this website does not constitute legal advice and you should not rely on any information without seeking the advice of a competent attorney licensed to practice in your jurisdiction. This web site is both a communication and/or solicitation as defined by California Rules of Professional Conduct, rule 1-400. For further information, please click here.