LLC v S-Corp
Jenn Shaw, EAAre you trying to decide between an LLC and an S-Corp for your business? Wondering when it makes sense to elect S-Corp status and actually save money on taxes? In this video, Jenn Shaw, founder of ALL Accounting, breaks down the difference between an LLC and an S-Corp in simple terms so you can make the right decision for your business. You'll learn: 1. LLC vs S-Corp tax differences explained 2. How S-Corp elections reduce self-employment taxes 3. What a “reasonable salary” means (and why it matters) 4. Real example comparing LLC vs S-Corp tax savings 5. When to switch from LLC to S-Corp (key income thresholds) 6. Common mistakes business owners make with S-Corps If you're a small business owner, contractor, or entrepreneur trying to reduce taxes and pay yourself correctly, this video is for you. At ALL Accounting, LLC, we help business owners understand their numbers, improve cash flow, and make confident financial decisions. Know your numbers. Own your future.