Family Wealth and Other Musings

Episode 106 - How Your Choice of Business Entity Affects Your Tax Obligations...Part 2

9 min · 23. nov. 2022
episode Episode 106 - How Your Choice of Business Entity Affects Your Tax Obligations...Part 2 cover

Description

Along with personal liability protection, record-keeping requirements, and how you plan to finance your operation, one of the main factors to consider when choosing an entity structure for your business is deciding how your want your company taxed. Your choice of entity will not only determine the rate at which. your business is taxes, as well as how and when you are required to file your taxes, but it can also impact a variety of other factors affecting both you and your company.  Last week we covered sole proprietorships, partnerships, and LLCs. This week listen in as your host, Becky Easton provides a brief overview of the tax obligations for C Corporations and S Corporations, along with some of the advantages and disadvantages inherent to each structure.  Be sure to reach out to a Family Business Lawyer near you for assistance and advice before making your final decision.  (c) New Law Business Model Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]

Comments

0

Be the first to comment

Sign up now and become a member of the Family Wealth and Other Musings community!

Get Started

1 month for 9 kr.

Then 99 kr. / month · Cancel anytime.

  • Podcasts kun på Podimo
  • 20 lydbogstimer pr. måned
  • Gratis podcasts

All episodes

95 episodes

episode Episode 106 - How Your Choice of Business Entity Affects Your Tax Obligations...Part 2 artwork

Episode 106 - How Your Choice of Business Entity Affects Your Tax Obligations...Part 2

Along with personal liability protection, record-keeping requirements, and how you plan to finance your operation, one of the main factors to consider when choosing an entity structure for your business is deciding how your want your company taxed. Your choice of entity will not only determine the rate at which. your business is taxes, as well as how and when you are required to file your taxes, but it can also impact a variety of other factors affecting both you and your company.  Last week we covered sole proprietorships, partnerships, and LLCs. This week listen in as your host, Becky Easton provides a brief overview of the tax obligations for C Corporations and S Corporations, along with some of the advantages and disadvantages inherent to each structure.  Be sure to reach out to a Family Business Lawyer near you for assistance and advice before making your final decision.  (c) New Law Business Model Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]

23. nov. 20229 min
episode Episode 99 - How Your Choice of Business Entity Affects Your Tax Obligations - Part 1 artwork

Episode 99 - How Your Choice of Business Entity Affects Your Tax Obligations - Part 1

Along with personal liability protection, record-keeping requirements, and how you plan to finance your operation, one of the main factors to consider when choosing an entity structure for your business is deciding how your want your company taxed. Your choice of entity will not only determine the rate at which. your business is taxes, as well as how and when you are required to file your taxes, but it can also impact a variety of other factors affecting both you and your company. Listen in as your host, Becky Easton provides a brief overview of the tax obligations for each type of business entity, along with some of the advantages and disadvantages inherent to each structure. Be sure to reach out to a Family Business Lawyer near you for assistance and advice before making your final decision. (c) New Law Business Model Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]

16. nov. 202210 min
episode Episode 98 - How to Manage Your Digital Accounts After Your Death - Part 3 artwork

Episode 98 - How to Manage Your Digital Accounts After Your Death - Part 3

If you have preferences about what happens to your digital footprint after your death, you need to take action. Unless you've planned ahead, some of your digital accounts survive indefinitely, while others automatically expire, and others have specific processes allowing you to name individuals who may have access to manage your accounts. In this week's final edition of the series, your host, Becky Easton discusses the most effective methods for including digital assets in your estate plan. Check out these programs and services mentioned in the podcast: lastpass.com directivecommunications.com Find a Personal Family Lawyer near you: personalfamilylawyer.com Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]

15. nov. 202212 min
episode Episode 92 - 10 Pitfalls to Avoid With Your Company's Legal Agreements...part 2 artwork

Episode 92 - 10 Pitfalls to Avoid With Your Company's Legal Agreements...part 2

Despite the critical role agreements play in a company’s success, far too many business owners fail to take their agreements seriously. Whether it’s winging it by creating your own agreements or using cheap, do-it-yourself (DIY) legal documents you purchase online, failing to treat your legal agreements with the respect they deserve can seriously cost you. Last week, in part one, your host, Becky Easton covered the first 5 of 10 pitfalls that can put your company in serious jeopardy if you take the DIY route with your legal agreements. Here in part two, she’ll cover the five remaining pitfalls that you’re likely to encounter when going it alone with these vital documents. Find a Family Business Lawyer near you: familybusinesslawyer.co (c) New Law Business Model Support this podcast at — https://redcircle.com/family-wealth-and-other-musings/exclusive-content [https://redcircle.com/family-wealth-and-other-musings/exclusive-content]

9. nov. 202214 min