In this episode of Tax Bites with Poonam, I picked the most common question that I am faced with when my clients are unable to decide between Schedule C (Single Member LLC, Sole Proprietorship) Vs S Corp. I have tried to show comparison analysis to illustrate the tax savings and tax advantage while using one or the other in their portfolio.I am also joined by my guest Russell Duckworth, who is a VP Finance( factoring) at American Bank. He has some real good knowledge to share regarding factoring and what American Bank does and can do for your business loan requirements.