LLC vs S Corporation (Calculating Tax Savings w S-Corp)

Video Description

★★★ Explaining the difference between an S-Corporation vs LLC. S-Corp Tax Calc incfile ➡️ http://thebizbud.co/incfile-s-corp-calc Start your LLC the smart way with Bizee – Click here for the best deal (paid link) ➡️ https://bizbuddy.com/bizee-llc Thanks for using my affiliate links. I may earn a commission, but you still get the lowest possible from Bizee, and we’ll donate $20 to Crisis Services for every LLC purchase. Table of Contents: 0:00 LLC vs S Corporation 0:20 S-Corp Tax Calulcator 0:55 Two ways to Setup an S-Corp 1:13 Breaking down Taxes 2:45 S-Corp Tax Examples 3:52 Obtaining Funding 4:30 401k Funding in an S-Corp 5:41 Setting up Payroll Disclaimer- I am not an attorney or a CPA, just a small business owner who has researched this information thoroughly while setting up my own LLC (S-Corp now). This is meant as educational information but now legal advice in any way. If you need legal advice please consult with your attorney and CPA on the best fit for your needs. #S-Corp #LLC #SmallBiz