24 minutes | Aug 26, 2020

6 Things to Consider When Choosing a Business Entity

Quick question. Have you slid into the inbox of a tax pro and asked them to tell you whether you should create an LLC or an S-Corp for you new business? If so, you might have gotten answers like "it's hard to say", "it depends", or "book a consultation". It's probably the number one "quick question" I get. So today I'm sharing with you six things to consider when choosing a business entity. Writing down your thoughts to these 6 categories will make the conversation with a tax professional and lawyer much more focused and can help you easily weed out the structures that won't work for you. Make sure you check out the show notes to download your FREE workbook that you can use as you follow along with this episode. | Quick disclaimer: I am a CPA but I’m probably not YOUR CPA. The information provided in this episode and every episode of tax talk is meant to be informational in nature and is not intended to be construed as tax or accounting advice. If you have questions about your specific tax situation, you can e-mail me at hello@themillennialtaxpert.com to become a client or reach out to your preferred professional so that they can answer your tax and accounting questions. Find episode show notes at: https://www.themillennialtaxpert.com/6-things-to-consider-when-choosing-a-business-entity --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app --- Send in a voice message: https://anchor.fm/taxtalk/message Support this podcast: https://anchor.fm/taxtalk/support
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