LLC vs. S-Corp vs. C-Corp Explained in 100 Pages or Less

LLC vs. S-Corp vs. C-Corp Explained in 100 Pages or Less

The "LLC, S-Corp, or C-Corp" question is one of essential importance:<br />Make the right decision, and you'll be paying less tax; you'll know your personal assets are protected from lawsuits against your business; and you might even save yourself some money on accounting and legal fees.<br />Make the wrong decision, and you'll be throwing away money to Uncle Sam; you'll be wasting money on legal bills; and you'll be only a lawsuit away from losing your home and other personal assets.<br /><br />Find the following, explained in plain-English with no legal jargon:<br />The basics of sole proprietorship, partnership, LLC, S-Corp, and C-Corp taxation.<br />How to protect your personal assets from lawsuits against your business.<br />When the protection offered by an LLC will work. (And more importantly, when it will not!)<br />Which business structures could reduce your Federal income tax or Self-Employment Tax.