Business Owners

LLC vs S Corp | Which One is Better For An Entrepreneurs? [Video]

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LLC vs S Corp | Which One is Better For An Entrepreneurs?

In this video, you will learn what is an LLC and a S-Corp. I am making this video based on my knowledge and experience. I own an LLC for my business as an entrepreneur and I find LLC is a good way to start a business to protect your persona assets if something goes wrong with the business i.e., debt collection or creditors issues that may come along once you start your business.

I make useful contents based on business filings and business related topics. So, if you haven’t subscribed my channel, please subscribe and support my channel.

Disclaimers: This is not a legal advice. If you seek a legal advice please find a business filing attorney in your area.

———Contents of this video——————————-
0:00 – Introduction and Intro on an LLC
0:43 – Piercing the corporate veil
1:01 – Pros of an LLC
1:23 – Taxation in an LLC
1:51 – Drawbacks on LLC
2:38 – Let’s get started on S – Corporation
2:41 – What is an S – Corporation
3:12 – Pros of an S – Corporation
3:57 – Taxation on S – Corporation
4:34 – Drawbacks of S – Corporation
4:57 – LLC vs S – Corporation | Which one is better for an entrepreneurs
5:32 – Online resources in next video for LLC filings

Thank you

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Self Employed Tax Deductions Hair Stylists/Barbers [Video]

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