S-Corp Archives | Sales Tax & Resellers Permit Number Business Registration https://www.online-tax-id-number.org Online Tax Id Number Thu, 13 Aug 2026 10:29:26 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://www.online-tax-id-number.org/wp-content/uploads/2023/08/Favicon-50x50.png S-Corp Archives | Sales Tax & Resellers Permit Number Business Registration https://www.online-tax-id-number.org 32 32 LLC vs S-Corp: Which Saves More on Self-Employment Tax in 2026 https://www.online-tax-id-number.org/business-formation/s-corp/llc-vs-s-corp-which-saves-more-on-self-employment-tax-in-2026/ https://www.online-tax-id-number.org/business-formation/s-corp/llc-vs-s-corp-which-saves-more-on-self-employment-tax-in-2026/#respond Fri, 22 May 2026 02:05:56 +0000 https://www.online-tax-id-number.org/business-formation/s-corp/llc-vs-s-corp-which-saves-more-on-self-employment-tax-in-2026/ Key Takeaways An S-corp can reduce self-employment tax by splitting income into W-2 wages (subject to payroll taxes) and distributions (not subject to Social Security/Medicare taxes). In 2026, the Social Security portion of payroll tax applies up to the annual wage base (set each year); Medicare applies with no cap, and higher earners can trigger

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