Purposeful Profit
Purposeful Profit
Carla Moats
29. Understanding S Corp and LLC Taxes
18 minutes Posted Mar 7, 2024 at 8:00 am.
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In today's episode of Purposeful Profit, I'm helping answer one of the most common questions I get from business owners: "Should I be an S corp or an LLC?" And the answer is, they really are not mutually exclusive. You can be an LLC as a legal form AND still elect S corp status. And doing so, can generate significant tax savings under the right circumstances. Join me for this week's episode of Purposeful Profit where I'm exploring LLC and S corp tax treatment and when a...