Choosing an S Corporation versus a C Corporation

Do you know how your business entity is structured? If you have an LLC, do you pay taxes as a sole proprietor, an S Corp, or a Partner? I meet business owner all the time who don’t know the difference in an organizational structure and a tax classification. This is crucial because if your business is not set up properly, you will pay more taxes, and no one wants to do that, right? This video below addresses C Corporations versus S Corporations and gives you some insights into each. Know that the best course of action is to talk to a qualified business accountant to find out what is best for you and your business. We’d be happy to offer you a complementary consultation.

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