LLC vs Corporation: Which Business Structure Makes Sense?

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Looking to open an LLC or corporation? In this video, we discuss the basics of the similarities and differences between the U.S. limited liability company (LLC) and corporation.

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Timestamps:
0:00 Introduction
2:21 Entity Structure & Ownership
10:13 Operating Requirements
17:21 Business Sector Rules
22:55 Income Tax Treatment
32:51 Other Tax Issues
41:07 Liability Protections
51:02 Going Public IPO

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DISCLAIMER: The information provided in this video may contain information about tax, financial, and legal topics. Such materials are for informational purposes only and may not reflect the most current developments. These informational materials are not intended and should not be taken as tax, financial, or legal advice. You should contact an advisor to discuss your specific facts and circumstances. Self-help services may not be permitted in all states or jurisdictions. The use of these materials does not create an attorney-client or confidential relationship. This video does not include information about every topic or issue related to these informational materials.

#LLC #Corporation #Business

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