LLC vs S Corp: Tax Benefits, Differences, & Strategies 2024

LLC vs S-Corp, which one is best for your business? There are many small business owners who are seriously overpaying in taxes simply because they make the wrong entity selection to start off with or because they never try to optimize their entity for tax purposes.

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Timestamps
Intro (0:00)
Overview of LLCs and S-Corps (1:20)
Differences of LLC vs S Corp (3:30)
Self-Employment Taxes (6:25)
How to Avoid Taxes (8:30)
Deciding Between LLC or S Corp (12:15)

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

#llc #business

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Disclaimer: The information provided in this video is for entertainment purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).