In this video, you get answers to these questions:

0:00 Introduction
04:06 What is an S corp?
04:50 What is an LLC?
05:44 Can I be taxed as a C corporation or an S corporation?
05:59 How can you convert an S Corp to an LLC?
08:24 What are the advantages and disadvantages of converting an S Corp to an LLC?
09:19 How much does it cost to convert an S Corp to an LLC?
09:28 Is there a best time to convert an S Corp to an LLC?
10:03 Are there tax consequences to converting an S Corp to an LLC?
11:02 Can an S corp with multiple shareholders be converted to an LLC?
11:53 What happens to the existing S corp agreements and contracts after conversion to an LLC?
13:28 How does the management structure of an S corp differ from an LLC?
15:19 What is the timeline for converting an S Corp to an LLC?
16:01 What is the impact of the conversion on the company's legal status and operations?
17:42 Are there any legal or regulatory requirements to be met during the conversion process of an S Corp to an LLC?
19:24 Outro

QUESTIONS? Do you have questions about this topic or anything else? Ask in the comments below.

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   • What Are the Tax Benefits of an S Corp?  
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