In this deep-dive episode, we unpack PMHNP Business Entity: PLLC vs. S-Corp Tax Playbook for 2026. Audio Overview Listen to an in-depth podcast of this post Two hosts break down the full article — no reading required. Your browser does not support audio playback. TL;DR A PMHNP netting $220,000 in a sole-prop PLLC pays ~$9,500 more per year in self-employment tax than one who filed the S-Corp election. The PLLC is a liability shield; S-Corp is a separate federal tax election on IRS Form 2553. The election becomes worth the payroll and compliance overhead when net practice profit crosses roughly $60,000–$80,000. Pay yourself a documented “reasonable salary” — typically 40–60% of profit in early years — and take the rest as distributions to avoid self-employment tax on that portion. File Form 2553 before March 15 of the election year. In This Article  ...