Business Credit LLC vs S Corp - Should learn what's right for you‎
Channel: Brian Howard
Date: 2019-05-08

The difference between an LLC and an S Corp comes down to taxes. Income generated by an LLC is considered taxable personal income. In an S Corp, you are able to deduct business expenses from a company's taxable income. In short, an LLC taxed as an S-corp means the owner's salary will be a business expense so the owner will report salary and other business profit on their personal income tax return. If you are a sole proprietor or have pass-thru taxation on an LLC, partnership or S-Corp, you will have to report your share of revenue and expenses.

Brian K Howard is the Director of Credit Services at BKH Credit Group. BKH Credit Group is dedicated to helping entrepreneurs get business credit without a personal guarantee or credit check. We also help business owners obtain business loans and credit lines, even if you have credit issues now or lack collateral. Please visit 

BKH Credit Group primary mission is to help entrepreneurs and business owners to build business credit for the business using the business EIN and Personal Credit if they choose. We specialize in alternative funding sources that include small business loans, lines of credit and business credit cards. BKH Credit is also a full-service Credit Repair and Credit Restoration Firm serving all 50 States. BKH Credit Group was founded by Brian K Howard a noted author and authority on both business and personal credit. You learn more about BKH Credit Group by visiting www.bkhcreditgroup.com

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Limited Liability Company (LLC) Shields personal assets from business liability Requires separation of business and personal finances Allowable in all 50 states and the District of Columbia Highly flexible management structure Flexible tax reporting options Preferred by outside investors Preferred for IPO Recognized outside of the United States Start my LLC Corporation (Inc) Shields personal assets from business liability Requires separation of business and personal finances Allowable in all 50 states and the District of Columbia Highly flexible management structure Flexible tax reporting options Preferred by outside investors Preferred for IPO Recognized outside of the United States

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