Tax Benefits of LLCs - How to Use a LLC to Save Taxes!

Here's the truth about LLC Tax Benefits & Advantages by a CPA.
Permanently Reduce Your Taxes: bit.ly/3EFBeOs
LLCs are by far the most popular entity type amongst small businesses. Find out how to use LLCs to reduce your tax bill.
Outline:
Intro: (0:00)
LLCs as a Tax Strategy: (0:39)
LLC Benefit 1: (1:21)
LLC Benefit 2: (3:41)
LLC Benefit 3: (4:46)
LLC Benefit 4: (5:42)
LLC Benefit 5: (6:23)
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Watch this video to learn the actual benefits of owning an LLC!
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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).

[@RJM316]

Thank you for making it plain. I will hold onto this video to reference later.

[@pech_wake_day1153]

Great info! Ty!!!!

[@alexmandujanojr77]

Gold! Thank you.

[@arodr071]

Amazing video. She explains very well

[@LadyIvyDa2]

I appreciate you so very much I enjoy learning, listening and watching these helpful videos! THANK U

[@SeanTheDon17]

Another great video as always 🔥🔥

[@LYFEAccounting]

Thank you for watching!

[@ZeroDarkTrader]

Thank you for this!

[@LYFEAccounting]

My pleasure!

[@nellosnook4454]

1. Thank you for all this important information! 👍
2. Of all the YT tax information channels, your video production values are the highest! 👍

[@LYFEAccounting]

Thank you so much!

[@kingleebbf5217]

Thank you so much.

[@LYFEAccounting]

you're welcome

[@jamescrenshaw5097]

Good summary….I am a bit of a stickler about claiming something is a tax benefit for a certain business entity when it can be achieved without forming the entity. As you said at the beginning, the LLC in and of itself is not a “tax strategy.” For many small businesses, it should be utilized for the legal protections afforded its members, as long as those members respect the separateness of the entity from their own assets and activities. All of the tax benefits you went on to discuss can be achieved without forming an entity at all

[@atomicswoosh]

Could you do a video on healthcare options? Can I just give my employees a flat allowance to hit the marketplace? Can the members of an LLC do the same and write it off?

[@guts4340]

Can buy a vehicle over 6k lbs in 2022 and add it to my LLC, in early 2023, in oder to write it off?

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