In this informative video, we explore a crucial question for locum tenens professionals: "Do I need an LLC or S Corporation?" Whether you're just starting your locum tenens career or looking to optimize your current business structure, understanding the benefits and drawbacks of each option is essential.



We'll cover key topics such as liability protection, tax implications, and the administrative responsibilities associated with LLCs and S Corps. By the end of this video, you'll have a clearer understanding of which business structure may be the best fit for your locum tenens practice.



Join us as we break down the complexities of business formation for healthcare professionals! Don't forget to like, subscribe, and hit the notification bell for more valuable content tailored for locum tenens professionals.



00:00 Introduction: Saving Thousands in Taxes

00:45 Understanding Business Structures

02:23 LLC vs S Corporation: Key Differences

04:11 Income Levels and Business Activities

05:17 When to Choose an S Corporation

06:31 Final Recommendations and Wrap-Up



How to Start and Operate Your Locums Practice:
https://thelocumcpa.com/free-ebook/



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#locumtenens #TaxDeductions #PhysicianFinance #TaxTips #medicalprofessionals

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