What They Never Tell You About Structuring Your Business

Learn How to Choose the BEST Business Structure to Reduce Your Taxes. Get a Free Consultation: https://mycpacoach.com/contact/ Choosing the wrong business structure could cost you a fortune in taxes. Most business owners assume that forming an LLC automatically saves them money, but that’s not always true. In this video, you will learn how to choose the right structure to protect your income, lower your audit risk, and reduce your taxes legally. As a practicing CPA who tax plans every day at mycpacoach.com, I’ll break down the key differences between popular structures and how to use them to your advantage. If you’re serious about saving money and protecting your business, like, comment, and save this video, and let’s dive in. #taxstrategy #businessstructure #sCorporation #ccorporation #LLC #taxstrategist Business Structures Intro: (0:00) Best & Worst Business Structures: (1:04) Structure #1: (1:11) Why This Structure is The Worst: (1:47) Self-Employment Tax: (2:23) When Should You Form A Certain Business Structure: (3:17) LLC Benefits: (3:32) Structure #2: (4:43) Structure #2 Tax Benefits: (5:19) Structure #2 Downfall: (7:23) Structure #3: (8:32) Structure #3 Tax Benefits: (9:03) Structure #3 Tax Deductions: (10:22) Structure #3 Downfall: (11:00) Structure #4: (11:44) Structure #4 Tax Benefits: (13:26) /// Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).