In this episode, host Pat Darby breaks down S-Corporations for online business owners who want to stop guessing and start understanding how taxes actually work. Pat explains why forming an LLC alone does not automatically lower your taxes, clears up the biggest myths around entity setup, and walks through who truly benefits from electing S-Corp status—and who should avoid it altogether. Whether you’re a freelancer, coach, agency owner, or digital entrepreneur, this episode helps you decide if an S-Corporation is a smart tax move for your business or an expensive mistake.

We discussed:

• Why LLCs do NOT help with taxes!
• Who should be an S-Corp?
• Who should NOT be an S-Corp?