LLC vs Sole Proprietor!

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Outline:
Intro: (0:00)
What is a Sole Proprietor?: (0:46)
Sole Proprietor Taxes: (1:35)
What is an LLC?: (3:59)
LLC Taxes: (5:56)
Pros and Cons Sole Proprietorship: (7:35)
Pros and Cons LLC: (8:03)

Have you ever wondered the difference between sole proprietor and LLC? Like, what are the tax benefits of each?

In today's video, I go over the similarities and differences of the two and what you need to know to decide which one is best for your business.

Watch to learn more.

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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).