How to Use an S-Corp to Cut Taxes and Build Long-Term Wealth

S-Corporations (S-Corps) offer unique tax benefits, but they may not be the right choice for everyone. This guide explains when it makes sense to elect S-Corp status, how to structure one effectively, how much you can save on self-employment taxes, and what advanced planning strategies, such as converting a primary residence into an S-Corp asset, can unlock even more savings. If you’re a high-income 1099 earner, a gig worker, or planning to scale a non-passive business, this guide is your roadmap to doing it the smart way.