This video discusses the Sole Proprietorship, LLC, Corporation (including S Corporations) both from a Legal and Tax perspective. I also discuss what a Professional Limited Liability Company is as well as the difference between a Single Member LLC and a Multi Member LLC.
Note: The due dates for when to file the various tax documents have recently changed…they are as follows:
Sole Proprietorship: April 15th
S Corporation: March 15th
Partnership: March 15th
C Corporation: April 15th
I created this video because there is a lot of misinformation out there on YouTube and other various channels and it’s crucial you do this correctly when you start a business.
Take what you learn from this video and ask your legal or tax professional all of your specific questions. If you want to contact me, my information is below.
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