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Are you confused by the whole LLC vs. S-Corp thing?

The truth is, if you get this decision wrong it could cost your business tens of thousands of dollars - every single year!

But don’t worry, in this blog I’m going to break down everything you need to know about LLCs & S-Corps so you can think through which of these options is best for your business.

To kick things off, it’s important to understand exactly what LLCs and S-Corps are and what they are not.

LLCs are one of four basic types of Business Entities.

The other three are:
Corporations,
Partnerships and
Sole-Proprietorships

If you’d like me to do another post where I break down the differences between these four types, let me know in the comment section below!

Now, did you notice that my list of Business Entities did not include the S-Corp?

That’s actually because the S-Corp isn’t a type of Business Entity.

Instead, it’s a tax election that you make with...