On this episode, I answer the question "What are the tax benefits of having a LLC?"
This episode is sponsored by my FREE training: 3 legal & tax mistakes made by new and experienced business owners & how you can avoid them. Sign up for this free Masterclass here, and get ready to unf*ck your biz.
Despite having a master's degree in tax law, even I took a few years to understand the terms
Disregarded entity - an entity that is not recognized for tax purposes and therefore is not separate from its owner (sole props and single member LLCs are disregarded entities).
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You'll learn: what the three mistakes are; how to fix them; and also how to work with me to get your legal & tax shit legit.