Do you have an LLC but are confused about how to file your taxes? This week's podcast episode is just for you.
April 15th is less than a month off, which means you need to get those LLC taxes done. Tax laws can be complicated and overwhelming., but whether you are doing your own or hiring a pro, it's important as a business owner to know the basics.
Quite simply, informed business owners make better decisions.
In this week's episode of Purposeful Profit I break down how to file your taxes if you are a single member LLC or if you are a multi-member LLC. I also explain the 2 components of the taxes on your LLC's earnings and explain what you can deduct and what you can't.
🎧 Tune into this week's episode and be ready to get those taxes done.
Learn:
- How single and multi-member LLC’s report their taxes
- What self employment taxes are and how they are calculated
- 3 tax deductions to not forget about
Mentioned in this episode:
Want more help on your taxes? Tax planning and literacy is part of what I do with my clients in my financial mentoring and coaching program. Book a call to continue the conversation.
Other resources:
- S Corp Tax Savings Calculator
- Get your Simple Financials Bookkeeping template
- Get Your 30 Days of Money Mindset Prompts
DISCLAIMER: The information in this podcast is for informational purposes only and does not constitute an accountant-client relationship. While we use reasonable efforts to furnish accurate and up-to-date information, we assume no liability or responsibility for any errors, omissions or regulatory updates.
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