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LLC vs S Corp vs C Corp | Which Business Entity Should I Choose

Do you want to hire someone to help you form your LLC and even serve as your Registered Agent? My top recommendation for years has been Northwest. They have the best customer service! (I secret-shopped them to make sure!) Northwest: http://bit.ly/3NVH84b I am now an affiliate of Northwest, which means I get paid a commission for purchases made through the link, at no additional cost to you. This helps support the channel so I can make even more videos and tutorials for you all! -- Are you trying to decide which business entity to choose, between Limited Liability Companies (LLC), S Corporations, and C Corporations? There are two overall issues - which legal entity is right for your small business, and which tax status is appropriate. In this video I share the many factors you should consider when selecting a business entity for your company, and which entity is right for what situation. 00:00 Intro 01:35 LLC vs Corporations 05:37 Tax Status: Sole Proprietor/Partnership vs S Corp vs C Corp 11:03 Bottom Line: What’s the Right Entity for You? Join the Discord Community to connect with other small business owners like you & get access to exclusive events:   / discord   Join this Patreon to support the channel & get access to perks:   / elizabethpw   Did you find this video helpful? Feel free to send a tip to enable me to keeping making more videos! Tip Jar: http://paypal.me/elizabethpw Legal Disclosure: Elizabeth is licensed to practice in the state of California and before the United States Patent and Trademark Office. Information contained in this video is not legal advice – please seek advice of counsel. This video and description may contain attorney advertising. Disclosure: My videos may contain reviews, recommendations, testimonials, or endorsements of other businesses, individuals, events, materials (such as books), products, services, or websites. I may receive affiliate percentages on sales; if so, it will say “affiliate link” after the link. I will clearly disclose if I have received a free product, free service, discount, or any other compensation related to a review. Twitter:   / elizabethpw   (@ElizabethPW) EPW Small Business Law PC http://www.elizabethpottsweinstein.com Comment policy: I reserve the right to delete comments and block anyone from the channel due to threats, hostility, or spam. #businessentity #llc #scorp #ccorp