Hellow guys, Welcome to my website, and you are watching Single Member LLC: What You Need to Know This Tax Season (2024). and this vIdeo is uploaded by LYFE Accounting at 2021-02-17T13:00:14-08:00. We are pramote this video only for entertainment and educational perpose only. So, I hop you like our website.
| Name | Single Member LLC: What You Need to Know This Tax Season (2024) |
| Video Uploader | Video From LYFE Accounting |
| Upload Date | This Video Uploaded At 17-02-2021 21:00:14 |
| Video Discription | One of the most popular types of business entities in the United States is a single-member limited liability company. That is why it is so important to us to make a video about Single Member LLCs in 2023 this tax season. Book a Tax Services Discovery Call: https://schedule.lyfetaxes.com/discoveryapplication This type of LLC has only one owner. A single-member LLC is usually a business registered in the state where the company does business. The phrase “single-member” is an admission that the LLC has one owner, and that owner is referred to as a member. A single-member LLC has so many benefits that are shared with other LLCs. So in this video, I’m going to break down some of those advantages and disadvantages of a single member llc in 2023. While also discussing a typical operating agreement, how taxes work and compare it against sole proprietorship. Let’s first dive in by quickly looking at what an LLC is. LLC stands for limited liability company which is simply a type of business entity you can create when you choose to go into business. Examples of other entities would be sole proprietorship, limited partnerships, general partnerships, S corporations and C corporations. All these business entities have their own unique advantages and disadvantages. Want to learn more about LLCs? Watch our LLC playlist: https://www.youtube.com/playlist?list=PLfYAvlh4-VVSPHd9P5Qcva_1HnQ96fpZ8 More Popular Videos: 9 Business Ideas that Never Fail: https://youtu.be/RPwOf4CBcc4 How to Start a Business: https://youtu.be/gEICb03wQng 5 Grants to Start a Small Business: https://youtu.be/FweABu-XPNM Tax Planning for Beginners: https://youtu.be/6pEkMBQJc6A Tax Secrets: https://youtu.be/kZjPHzJZ844 /// Disclaimer: The information provided in this video is for entertainment purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live). |
| Category | Education |
| Tags | single member llc | everything you need for your single member llc | what to know about a single member llc | how a single member llc works | single member llc taxes |
