If you have an LLC, here is how you can use your LLC business to reduce your tax bill.

Become a Tax Client: https://mycpacoach.com/tax-planning-s...

The great part about setting up your business as an LLC is the tax flexibility you have.

LLC owners have more options than other business owners when it comes to the taxation of their business. And some of these options result in a higher tax bill compared to others.

So in this video, my goal is explain what your options are and which option gives you the best tax result.

If that sounds good to you, then please like this video and subscribe to the channel so you don't miss out on more tax saving videos!

Intro: (0:00)
What is an LLC for tax purposes: (1:26)
LLC Taxation Options: (2:59)
Best Option for LLC Owners: (3:50)
C Corporation Tax Saving Strategy: (5:37)
How to Convert to S Corp: (7:57)

Watch Next:
LLC vs S Corp:    • LLC vs S Corp: Which one should you c...  



///
Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).