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What Is an LLC? Pros and Cons of LLCs + Do LLCs Give You Tax Benefits?
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We Recommend using Incfile to form your LLC which includes 1 year Free Registered Agent Service.
($75 + state govt fee)
⬇️ Table of Contents:
0:00 What Is An LLC?
0:40 Buy Your Domain Before Setting Up Your LLC
1:45 Disclaimer
2:25 What Does LLC Stand For?
3:25 LLC Liability Protection
3:42 What State Should You Set Up Your LLC In?
4:25 LLCs vs. Corporations, Partnerships, and Sole Proprietorships
5:45 How to Set Up an LLC
6:28 Operating Agreement for Your LLC
6:36 Registered Agent for Your LLC
7:10 LLC Information Is Public Information
7:37 Member-Managed vs. Manager-Managed
8:58 Piercing the Veil and Liability Protection
10:05 Will Setting Up An LLC Save Me On Taxes?
11:07 LLC Taxed As an S Corporation
11:30 Your LLC May Cause You to Pay More Taxes
12:05 Check With Your State for Possible LLC Taxes and Fees
13:17 LLC Pros and Cons
($75 + state govt fee)
⬇️ Table of Contents:
0:00 What Is An LLC?
0:40 Buy Your Domain Before Setting Up Your LLC
1:45 Disclaimer
2:25 What Does LLC Stand For?
3:25 LLC Liability Protection
3:42 What State Should You Set Up Your LLC In?
4:25 LLCs vs. Corporations, Partnerships, and Sole Proprietorships
5:45 How to Set Up an LLC
6:28 Operating Agreement for Your LLC
6:36 Registered Agent for Your LLC
7:10 LLC Information Is Public Information
7:37 Member-Managed vs. Manager-Managed
8:58 Piercing the Veil and Liability Protection
10:05 Will Setting Up An LLC Save Me On Taxes?
11:07 LLC Taxed As an S Corporation
11:30 Your LLC May Cause You to Pay More Taxes
12:05 Check With Your State for Possible LLC Taxes and Fees
13:17 LLC Pros and Cons
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