In this video, I’ll go over the advantages of forming an LLC for your business.
An LLC or Limited Liability Company is a type of business structure that combines the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation. This is what makes LLCs good as a business structure.
Later on, I’ll share with you two great options to setup an LLC for your business without having to hire expensive lawyers.
The services that I recommend for setting up an LLC:
Plug and Law: https://plugandlaw.thrivecart.com
CorpNet: https://www.corpnet.com/
Disclaimer: The above links are affiliate links. This means that if you sign up or buy through any of these links, I may get a small commission without any extra cost to you.
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Do you have questions about Advantages of an LLC | Explained by CPA? I’m an Illinois licensed, Registered Certified Public Accountant with over 25 years of experience. I’m dedicated to providing outstanding tax and accounting services to individuals and small businesses in the Chicago area.
Disclaimer: Any accounting, business or tax advice contained in this article, is not intended as a thorough, in-depth analysis of specific issues, nor a substitute for a formal opinion, nor is it sufficient to avoid tax-related penalties. If desired, I would be pleased to perform the requisite research and provide you with a detailed written analysis. Such an engagement may be the subject of a separate engagement letter that would define the scope and limits of the desired consultation services.
