Small Business Tax Savings Podcast
Business:Entrepreneurship
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Why do you need to file for LLC protection for your business? On this episode of the Small Business Tax Savings Podcast, we welcome Andrea Sager, Andrea is a serial entrepreneur and a lawyer. She knows first-hand how important it is for businesses of any size or stage to have legal support.
Andrea Sager discusses the importance of filing for LLC protection from day one and how it can protect your personal assets from the debts of your company.
She explores the potential drawbacks of not obtaining an LLC, including how to combat them. Andrea sheds light on setting up a separate business banking account to properly account for finances and maintain LLC protection. Get all this helpful information and more in this episode of the Small Business Tax Savings Podcast.
Tune in now and learn how small business owners protect their businesses and maximize their tax savings!
[00:01] The Pros And Cons Of An LLC
[01:30] The Benefits Of LLCs For Small Businesses
[10:26] How To Setup An LLC And Protect Your Business
[16:44] Closing Segment
Key Quotes
“You want that protection as soon as possible. You don't want to wait until you're making a hundred thousand dollars or whatever that magic number is. You want that LLC from day one because anything that happens before you're an LLC you do not get the LLC protection for.” – Andrea Sager
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Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings Podcast
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Podcast Website: https://www.TaxSavingsPodcast.com
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To find out more on this topic and many others visit our website at www.TaxSavingsPodcast.com. You can also give us a call at 844-327-9272 or send your questions to us at: Ask@TaxSavingsPodcast.com
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