If you enjoyed this video, watch this next - How to Form an S Corp kzread.info/dash/bejne/kXtlmNyRcdrTYJs.html

For those interested, go to 2:48 to avoid filler in the beginning.

She was incredible explaining all this stuff

@LYFEAccounting

3 жыл бұрын

Aww thank you, we work hard on our videos. Do you have an LLC or S Corp?

@jordanroberts3434

3 жыл бұрын

I’m thinking about starting a-Corp

@jordanroberts3434

3 жыл бұрын

S-corp *

@BRo-uy1di

2 жыл бұрын

Yes agree!

Best video I’ve discovered on tax type: sole proprietor versus s-corp! Thanks for sharing!

Thank you for shedding some light on this topic. I now have a much better understanding of these two business structures. Keep up the good work and much success to you.

I watched like 10 videos similar to this one. This was by far the best and easiest to understand. Thank you

This was the most comprehensive explanation I’ve ever heard THANK YOU!!!

Hands down, probably one of the best explanations I've seen on KZread by far! Very well done, thank you!

Excellently broken-down! Thanks for making this so much easier to understand. It's also good to know you can start as an LLC and then move to an S-Corp with the right forms. I'm just starting this self-employed journey, so I hope an S-Corp will make sense in the not too distant future!

This is valuable information. Thank you all for your time and efforts on this channel.

You videos are very clear and I like the way you give example and do the comparison. Excellent.

Great video! I recently made the switch to S-Corp and there were definitely quite a few steps (plus some expenses) to getting things set up. I'm hopeful and optimistic it will be worth it, though, and wish I'd done it sooner. Thanks for all the great info!

This was excellent! It helped clear up a ton of confusion and questions about which direction to go in. Thanks!

By far the best explanation i've heard on this topic. I like how at the end you zero in on the keys points

@LYFEAccounting

3 жыл бұрын

Thank you

This is by far the best video explaining LLC vs S Corp

This is the best video I've seen on the subject matter yet, keep up the amazing content!!

Valuable information that I thought I knew but mostly inadequate. Thnx again Crystal and Lyfe Accounting

@LYFEAccounting

3 жыл бұрын

Glad it was helpful!

You just got a new subscriber. I must now say I have a better understanding as to what entity I must choose for my business.

Great stuff and well explained , straight to the point without any nonsense . Love it !

@LYFEAccounting

2 жыл бұрын

Thank you, Edy!

This is by far is the best video on this topic made it so easy to understand

Thank you for your quick and easy-to-understand breakdown.

wow I’m blown away on your delivery and presentation you guys get straight to the point the flow is excellent love it, Iron sharpens iron

Very clear explanation. Now I know which one to chose. Thank you!

Fantastic video and VERY well put together! Thank you for the information

@LYFEAccounting

3 жыл бұрын

Glad you enjoyed it!

Yess! Watched this 2X with my 18 y/o and shared with family and friends. So well-organized, well-presented & easily digestible info - Darn great job y’all! 2021 is ours 🙏🏾❤️ 🙏🏽

@LYFEAccounting

3 жыл бұрын

That makes my heart smile. Glad you enjoyed it!

Watched about 10 times! I learned so much! Thank you Crystal!

@LYFEAccounting

3 жыл бұрын

She’s the best right?

@Daybyday07

2 жыл бұрын

@@LYFEAccountingIt will be great if y’all can open up a accounting place in New York for us small business owners

I am thinking of going S Corp. I am a LLC right now. But after watching this. You told me just what my lawyer told me. Thank you for your advice. I will continue watching your videos. Very educational.

@LYFEAccounting

3 жыл бұрын

Glad I could help, hope you consider subscribing!

@LYFEAccounting

3 жыл бұрын

@nasty piglousy Yup

Two vids in and I'm in love 😂😂😂 hands down the BEST ❤

Thank you pretty one. I enjoy it and understand well. I will be changing as soon as I get the paper from the state.

Peace… Shalom… Salam... Namaste and Thank You for All that you are doing to Heal our Mother Earth 🙏🏻 😊 🌈 ✌ 🌷 ☮️❤️

Thank you for such clarity! You're a gem!

That was intense but I will watch it again. It was alot for me viewing for the first time. Very detailed !

@LYFEAccounting

3 жыл бұрын

Replay it as often as you need to

Thank you for the great information. You made it very clear!!!!

Wow! This video was extremely helpful! Thank you! ☺

This was excellent and clear. I think I need to watch it again to have it sink in! Thank you!!!

@LYFEAccounting

3 жыл бұрын

So glad you liked it. definitely take your time with it

@susanhegarty9091

3 жыл бұрын

@@LYFEAccounting thank you!! I also spoke with my accountant, and got clear on what I would get taxed on.

i thought she was plain simple and gave me a good understanding between the two llc vs s corp

Thank you this was great info, I choose an S Corp and was unsure about my choice. Now I feel more confident about my decision.

Wow, this is the information I was looking for. You explained very well. I had many doubts and most of them are resolved. Thank you.

Another fantastic video! So glad I found this channel!

@LYFEAccounting

3 жыл бұрын

So glad you are here :)

explained so easily. amazing job, thank you!

@LYFEAccounting

3 жыл бұрын

Thanks! You're very welcome!

She’s knows her stuff! I can’t wait to get hired so I can practice this stuff

Thank you so much for this info! I have subscribed and I'm currently binge-watching your videos. 🙏🏾👏🏾👏🏾👏🏾

@LYFEAccounting

3 жыл бұрын

Awesome! Thank you!

@angiakabangib

3 жыл бұрын

No, thank you! From this page I've learning so much. Like the fact that I need to speak with my accountant, lol. As a sole proprietor that has just hired my 1st apprentice, I think I might need to change the entity.

This was a thorough and good explanation of the titles.

finally someone gave a great explanation and looked great while doing it

Finally, a great video explanation. Clear, concise and easy to understand. THANK YOU!!

@LYFEAccounting

3 жыл бұрын

Thank you!

Again great content! found answers 2 my questions. Thank you.

@LYFEAccounting

3 жыл бұрын

Our pleasure! Just curious though, what were the questions??

Thank you for this. Best video I've seen on this subject. Very helpful!!

@LYFEAccounting

3 жыл бұрын

Wow, thank you!

You are absolutely right! If I would have understood this concept when I first got started with my biz it would have saved me tens of thousands of dollars. Now, I'm aware and sharing it with my boss clients so that they don't make the same mistake. Great tips!!

An extremely well-done presentation. Thank you.

@LYFEAccounting

3 жыл бұрын

Glad it was helpful!

Excellent information. So well explained. Thank you!

Thanks for the information keep uploading videos like this it’s good information for young entrepreneurs

Very easy to understand and good breakdown. Thanks!!

Excellent breakdown of the pros and cons. Thank you!

@LYFEAccounting

3 жыл бұрын

My pleasure!

thank you for explaining this topic!!

Could you guys make a video one day about how to switch from an LLC to "elected to be taxed as an S-Corp" ? That would be extremely helpful. (edit. Great video btw!)

@LYFEAccounting

2 жыл бұрын

Great suggestion! Will add that to the queue for you.

@GojiCenter

2 жыл бұрын

@@LYFEAccounting Thank you! Ya'll are the best.

@davesingh9812

2 жыл бұрын

F

@naturallydee6850

2 жыл бұрын

Has this video been made? If so, can you pin it. 💕

@MA-mf2ie

2 жыл бұрын

looking for the exact thing 😟

This was an absolutely phenomenal breakdown!!! The presentation is an "A+"

@LYFEAccounting

3 жыл бұрын

Thank you!!

You saved me so much money just watching this video! I will definitely recommend you on my channel!

@LYFEAccounting

3 жыл бұрын

Yay! Thank you!

Very well explained. Visuals are great too.

Thanks for sharing the information. It helped a lot.

You are advise is very valuable, great points identified on tax savings. Thanks

@LYFEAccounting

3 жыл бұрын

My pleasure!

I've been researching this topic. So glad I found you! I learned so much.Thank you

@LYFEAccounting

3 жыл бұрын

You are so welcome!

Explanation of video was great!

Awesome video - thanks for the info!

Great explanation. Thank you Krystal!

Excellent video as usual. Nice job.

@LYFEAccounting

3 жыл бұрын

You’re going to be a pro if you keep watching

great video, lot's of important information !!! i learned a lot here, thank you for the video !!!

@LYFEAccounting

2 жыл бұрын

Thanks for watching and supporting.

Great information Thank you, wish I had known this before doing an LLC.

@LYFEAccounting

3 жыл бұрын

You can convert your LLC at any time!

GREAT VIDEO!!! Very clear explanations! Thanks so much!!!!!!

@LYFEAccounting

3 жыл бұрын

Aww glad you enjoyed it!

Very helpful thanks so much for the clear and distinct explanation of the differences between the two.

Great information, I had forgotten about the S Corp information.

@LYFEAccounting

3 жыл бұрын

Glad it was helpful!

She finds a easy example and words to explain a little complex issues.

Absolutely Loved this - fantastic explanation.

@LYFEAccounting

3 жыл бұрын

Thank you! Do you have an LLC or S Corp?

Perfect explanation!

OMG! THANK YOU! This video was clear, concise, and to the point! No filler and you provided me with the info I needed. My current tax person leaves me feeling confused. Can I hire you?

@LYFEAccounting

3 жыл бұрын

You're welcome! We're not accepting clients at the moment

Thank you for sharing! Great information.

I'm so glad I found your channel; I just subscribed. You do an excellent job clearly explaining the differences between an LLC VS. S Corp entity. Thank you so much!

Thank you for this great explanation!

Great video! I'm just starting my business and this was helpful!

@LYFEAccounting

3 жыл бұрын

Glad it was helpful!

Thank you queen sister. Much respect 🙏

@LYFEAccounting

3 жыл бұрын

Wow thanks Steven

I'm in the process of deciding. You was great, you've just gained a subscriber.👍🏽👏🏽

@LYFEAccounting

3 жыл бұрын

Thank you so much. Welcome aboard!

Thanks for the video!

Very informative. I’ve learned so much and you made it easy to understand

These videos are phenomenal

Wow...Great breakdown.

@LYFEAccounting

3 жыл бұрын

Glad you liked it!

Pretty good content. Good explanation. Easy to understand

@LYFEAccounting

3 жыл бұрын

Glad it helped. Are you an LLC?

Well presented and so easy to understand. Thank you!!

This was very informative! thank you

Good information. Thank you

Excellent breakdown. Very helpful in my decision making for my co

@LYFEAccounting

2 жыл бұрын

Great to hear! Thanks for watching.

I need her as a cpa she explained so well

Amazing breakdown. Thank you!

@LYFEAccounting

3 жыл бұрын

Glad it was helpful!

Sooo easy to understand.Thank you

great job explaining all of this!

So Glad that I came across your video, Im a visual learner and you made everything nice & clear to understand, Thank you Krystal!

@LYFEAccounting

3 жыл бұрын

You are so welcome!

Great video, very helpful ! thank you

@LYFEAccounting

3 жыл бұрын

Glad it was helpful! Hope you consider subscribing

Watch when to Switch from an LLC to S-Corp next: kzread.info/dash/bejne/oIKLlMyvd8vJg7Q.html

@Daybyday07

2 жыл бұрын

@lyfeaccounting y’all really need to open up A accounting place in New York for us small business people

@southafricaismyhome814

2 жыл бұрын

Help me setup art gallery

Very nice breakdown. Thank you.

@LYFEAccounting

3 жыл бұрын

Thank you so much for watching!

Informative information! SUBSCRIBED!!!!

THE BEST VIDEO BY FAR!

@LYFEAccounting

3 жыл бұрын

Aww thanks, im going to make more now

I learned when I have to file for S-Corporation status. I understand better the self-employment taxes differences between an LLC and S-Corporation.