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The 4 Best Business Structures and How to Pay Yourself From Each
Manage episode 373814880 series 3478521
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Ever wondered about the best business structure for your startup while navigating the maze of tax implications? Well, look no further. We’re shining a light on the complexities of business entities and legal considerations that often befuddle even the brightest of minds.
We dissect the limitations of sole proprietorship, analyze the ease of setting up an LLC, and explore the tax advantages of C and S Corporations. This episode is your golden ticket to understanding the intricate world of business structures and their tax implications.
Get valuable insights on how you, as a business owner, can pay yourself and make the most of your hard-earned money. This episode is a one-stop-shop for all entrepreneurs serious about setting their business up for success.
Further reading: How to Pay Yourself From an LLC
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Want to discuss anything in this week’s episode? Just send an e-mail to grow@schweiger.cpa. You can also follow us on Instagram and join our community on Facebook for bonus tips to grow your business,.
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Disclaimer: This podcast and related materials are designed only to provide general information regarding the subject matter discussed during the podcast episodes. The statutes, authorities, and other laws cited in this podcast are subject to change. This podcast and related materials are not intended to provide tax, accounting, legal, or other professional advice to any specific person or entity. Any advice or opinion regarding the application of the subject matter for a specific person or entity should be provided by a competent professional advisor based on an application of the appropriate law and authorities to the facts and circumstances applicable to that person or entity.
Chapters
1. Business Entities and Legal Considerations (00:00:00)
2. Tax Considerations for Different Business Types (00:08:40)
42 episodes
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