S Corporation Vs LLC: Whats Better
LLC vs S Corp What do you do Lets say you run your own business or are thinking about starting one, buying rental property. You want to look professional. You also want lawsuit protection and additional tax benefits. This video talks about SCorporation (SCorp) the benefits, taxes, drawbacks and things you should know. We help you decide if choosing the Selection is right for you in 2021. Remember discount code BG25 for 25 off trust or LLC: Visit or call +19544001050 SUBSCRIBE TABLE OF CONTENTS 0:00 S Corporation vs LLC 0:20 Business Guy Intro 0:49 S Corporation vs. LLC decision 1:04 What is an Scorp 1:37 How does an LLC taxed as an Scorp pay its owners 1:55 Scorp restrictions 2:51 LLC taxed as Scorp paying owners 3:02 Single member LLC 3:36 Multimember LLC 3:47 Selection selfemployment tax savings 5:00 How to file for Scorp sta
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