How To Choose The Best Business Structure (LLC vs S-Corp vs C-Corp)

Which business entity should you use? Here's the best answer. The entity structure you use will determine how much taxes you pay and how much legal liability you personally have. This decision can single handedly save you tens of thousands of dollars, or cost you that much more if you choose incorrectly. And as a licensed CPA, I coach business owners on this all the time at mycpacoach.com And today I am going to walk you through my full framework, right now, for free. Now this is information that most CPAs charge thousands of dollars for, so be sure to help this video reach more people by hitting the Like button below and sharing it with a business owner you know. Now let's help you determine this, once and for all. Importance: (0:00) Business Stages: (0:50) When To Use Sole Prop: (1:58) When To Use Partnership: (3:45) When To Use LLC: (4:35) When To Use S-Corp: (5:28) When To Use C-Corp: (7:20) Apply to Work With a CPA: https://mycpacoach.com/contact/ Learn the tax game: https://mycpacoach.com/tax-saver/