C-Corps, and S-Corps and LLCs, Oh My!

The Cynical CPA · Oct 2, 2026 · 11m · transcript

In this episode of the Cynical CPA, Corrine Hasbany breaks down the complexities of business structures, specifically LLCs, S Corporations, and C Corporations. She emphasizes the importance of understanding the differences between legal structures and tax treatments, and how these choices impact business operations.

Takeaways

LLC is a legal structure

S Corp is a tax election

Chapters

00:00 Understanding Business Structures

02:54 Diving into C Corporations

04:50 Exploring S Corporations

07:43 Choosing the Right Structure

10:02 Final Thoughts on Business Entities