C-Corp vs S-Corp: What's Best for Your LLC? 💼📊💰

Deciding between C-Corp and S-Corp taxation for your LLC can significantly impact your financial future. C-Corps are ideal for attracting investors and retaining profits at lower tax rates, while S-Corps offer relief from double taxation and self-employment taxes, provided you can draw a reasonable salary. Dive into our corporation tax guide to make the right choice for your business.
Check out our video on S Corp Reasonable Salary -- linked below the title!
#llctax #ccorpvsscorp #businessgrowth #scorp #ccorp

[@hypergodbeingtrontronhyper3625]

SMH.......A C-Corp and an S-Corp are different from a LLC you need a lot more information on what you are talking about before you start give advice on these videos because you have no idea what you're talking about you started off wrong but yeah those are three different types of business certifications I'm trying to keep you from embarrassing yourself any further

[@HowtostartanllcOfficial]

There's a lot of misinformation on this topic.
S corp and C corp are tax elections. An LLC can elect to be taxed as an S corp or C corp and a corporation can choose to be taxed as a standard C corp or S corp.
S corp and C corp aren't types of entities.
You can reference this page from the IRS, but note that the IRS refers to LLCs as corporate entities, which can be confusing. www.irs.gov/businesses/small-businesses-self-employed/s-corporations
Thanks for your comment

[@jackprick9797]

You have no idea what you’re writing about. When it comes to taxation, an LLC can be designated as an S-corp or C-corp. Go do your homework Du Mass.

[@tonyperez6035]

😂😂😂😂😂😂Noooooooooo😂😂