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When to form an LLC and elect to have it taxed as an S Corporation. In this video I answer the following questions: 1️⃣ What taxes do you pay as an employee? 2️⃣ What taxes do you pay as a sole proprietor? 3️⃣ What taxes do you pay as an LLC? 4️⃣ What taxes do you pay if you elect to be taxed as an S Corp? 5️⃣ When does an S Corp make financial sense? 6️⃣ When should you form an LLC? 7️⃣ Where to Form an LLC or S Corp for FREE! ⏱ Timestamps ⏱ 00:00 Topic: When to switch from LLC to S Corp 00:15 Questions I answer in this video 01:24 What taxes do you pay as an employee working for an employer? 04:23 What taxes do you pay as a sole proprietor or LLC? 06:28 What taxes do you pay as an S Corporation? 10:50 When to switch from LLC to S Corp? 15:00 When to form an LLC? 17:55 Where to form an LLC or S Corp for free? 19:20 Register for Course Waitlist 20:50 When NOT to be an S Corp 📁 Setup your LLC or Corporation 📁 FileYourBusiness.com: https://www.fileyourbusiness.com/ Inc Authority: http://bit.ly/incauthoritycoupon IncFile: http://bit.ly/incfilecoupon ZenBusiness: http://bit.ly/zenbusinesscoupon 📋 Join My Course Waitlist 📋 https://navimarajcpa.com/learn/ If you learned something from this video, please like and subscribe and follow me on my various social media handles below. If you would like to contact me with a specific question, please visit my website or leave me a comment. Website: https://www.navimarajcpa.com Email: [email protected] Instagram: / navimarajcpa LinkedIn: / navimarajcpa Twitter: / navimarajcpa Facebook: / navi-maraj-cpa-pllc-107003020774608 🎬 My Video & Audio Gear List 🎬 Sony ZV-1: https://amzn.to/3i7SYcm SanDisk 128GB Extreme PRO SDXC: https://amzn.to/3c6fvm6 SanDisk 256GB Extreme PRO SDXC: https://amzn.to/3wORFTs Elgato Cam Link 4k: https://amzn.to/3p8EKJq Amazon Basics Flexible and Durable Micro HDMI to HDMI Cable: https://amzn.to/3yP4dfF Anker 4-Port USB 3.0 Hub: https://amzn.to/3yTjKev Rode VideoMicro Compact On-Camera Microphone with Rycote Lyre Shock Mount: https://amzn.to/2Tn0iX0 Gonine DK-X1 DC Coupler AC-LS5 AC Power Adapter Kit Replacement for NP-BX1 Dummy Battery: https://amzn.to/3vEbZHf SMALLRIG Cool Ballhead Arm Super Clamp: https://amzn.to/2R99jCt SMALLRIG Camera Cage for Sony ZV1 Camera: https://amzn.to/3uASs9m Camtasia screen capture and video editing software: https://www.techsmith.com/video-edito... This video was created for informational purposes and it is not to be construed as legal and tax advice specific to your unique situation. The above links to my video and audio gear are affiliate links. Some of the links above are affiliate links which means that if you purchase a product or service with the provided link, I may receive a commission with no additional cost to you. © Navi Maraj CPA PLLC. All rights reserved. #LLC #SCorp #Taxes