Business Structure: How to Choose the Best Entity for You

What's the difference between an LLC vs S Corp vs C Corp? And which one should you pick? Well, today I am going to cover in great detail the best business entity structure for you in 2022.

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Timestamps
Intro (0:00)
What is a Business Entity? (1:30)
Choosing the best Business Structure is Important (3:20)
Entity #1 (4:29)
Entity #2 (7:02)
Entity #3 (9:08)
Entity #4 (10:20)
Entity #5 (12:35)
Entity #6 (14:25)
How to Choose the Best Business Structure (15:30)
Bonus Tip (18:06)

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I'll cover:
Why choosing the right business entity is important
An overview of the 4 types and subtypes of business structures
& Simplify which one may be better for you based on your goals

My goal is to help make sure you start a business with a legal structure that suits your needs, or you reconsider which entity you have already selected. Because each one has its pros and cons, there are amazing LLC tax benefits, S corp tax benefits, and C corp tax benefits.

Hey, I'm Sean with lyfe accounting. The accounting company that helps you save on taxes and build more wealth. Please be sure to give this video a like and subscribe to our channel so you don't miss out on future videos!

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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).