He Set Up His S-Corp at $80,000. Does It Still Make Sense at $200,000?

Growth is usually a good problem to have. But there's a point where the tax setup that worked when you were making $100,000–$200,000 starts falling behind. I had a conversation recently with a real estate professional doing just over $200,000 in revenue. Solid margins. One employee. An S-Corp that had been set up years ago when the business was much smaller. From the outside, everything looked fine. Returns filed. Taxes paid. No obvious issues. But when we looked underneath the surface, the...