Electing SCorp status is one of the most popular tax strategies to help small businesses reduce the amount of taxes they owe.

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By the end of this episode, you will understand how LLCs are taxed, how an SCorp can cut some of those taxes, how to elect SCorp status, and creative ways you can use an SCorp to get even more tax writeoffs.

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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).