What is an LLC really? An LLC (limited liability company—not a corporation) is designed to protect your personal assets from business liabilities. It doesn’t save you taxes by itself, but it sets the stage to convert into an S corporation when the time is right—unlocking major tax savings. Think of it as your foundation for both asset protection and future tax strategies. But it only works if you set it up and maintain it properly.
👉 Subscribe for more tax, legal, and wealth-building strategies.
📩 Join our free newsletter for weekly tax-saving tips: https://markjkohler.com/youtube/?utm_source=YouTube&utm_medium=description&utm_campaign=shorts
source
