The Self-Employed Tax Guy's video: Can You Double Your Tax Deductions With An LLC

Will having an LLC allow you to write off more? In short, the answer is NO. Yet, I've heard this a lot during my 14 years as a tax preparer. For tax purposes, an LLC has no "extra" benefits. You can write off / deduct the same things a Sole-Proprietor, S-Corp, Partnership or C-Corp would. That's why in this video, I'm going to explain to you how an LLC is actually taxed, so you don't go thinking you are going to have more money come tax time. 📒 Show Notes and Resources 📒 ⚡️JOIN THE NO LLC NEED 5-DAY CHALLENGE: https://5daychallenge.theselfemployedbusinessacademy.com My mission as The Self-Employed Tax Guy is to help 10,000 minority entrepreneurs build a business that will allow them to live the lifestyle of a successful entrepreneur. Here are the ways to work with me: ⚡️FREE Business Blueprint: Learn how to start a business without an LLC: https://businessblueprint.theselfemployedbusinessacademy.com ⚡️BOOK: Avoid the financial mistake that is costing entrepreneurs thousands: https://protectyourprofits.theselfemployedtaxguy.com ⚡️THE COMMUNITY: Do go at it alone! Join my exclusive online private community and Stay Connected with likeminded entrepreneurs just like you: https://theselfemployedtaxguy.com/community Connect with Tyrone Gregory on Social Media https://www.linkedin.com/in/tyronegregory/ https://twitter.com/TheSETaxGuy https://www.instagram.com/theselfemployedtaxguy/ https://www.facebook.com/TheSelfEmployedTaxGuy QUESTION — What videos would you like us to make on this channel?