If you're thinking of starting a new business and want to register an LLC Watch this video to get the answers to THREE important questions: 1) What's the best and cheapest state to form an LLC? 2) Why should you consider electing your LLC into an S-corporation? 3) What states have no corporate income or franchise tax? In this video, I'm going to answer these THRE important questions. This video will save you a lot of money!
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Victor Gichun is the Creator and Host of The Contributors Channel, and a co-founder of Excess Logic, the #1 Nationwide Reverse Logistics Provider. Since 2012 Excess Logic has helped over 500 companies including Google, Facebook, and TikTok remove Surplus electronics, computers, networking gear, Test, Measurement, Lab, and R&D Equipment, destroy data and reclaim residual value.
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Timing
00:00 Introduction
00:23 What is LLC and why it's so popular
01:41 What's the best and cheapest state to form an LLC?
02:40 Why should you consider electing your LLC into an S-corporation?
05:48 What states have no corporate income or franchise tax?
07:18 How much money S-Corp election saves you
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