Should artists start an LLC or stay a Sole Proprietor for their art business?

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  • เผยแพร่เมื่อ 14 ต.ค. 2024

ความคิดเห็น • 33

  • @julieengelmann6641
    @julieengelmann6641 2 ปีที่แล้ว +20

    I’ve watched so many TH-cam videos about this topic, this is by FAR the best one. Thank you SO much for sharing these gems of knowledge in a down to earth, digestible manner. Incredibly helpful. I look forward to watching the next video!

    • @iamdetour
      @iamdetour  2 ปีที่แล้ว

      Glad it was helpful! It was something I thought could really help artist protect themselves from liability.

  • @dominiquecancio2978
    @dominiquecancio2978 6 หลายเดือนก่อน

    This video is fire! I’ve also watched so many videos on the differences and I feel like I finally got it after watching this! Thank you! 🎉

  • @Txmxsi
    @Txmxsi ปีที่แล้ว +2

    Ive been in debates on starting up an llc as an entertainer, I really appreciate the advice and insight on this video!

  • @nevinmcnally4121
    @nevinmcnally4121 11 หลายเดือนก่อน

    Thank you for this great explanation, the best I’ve seen on this topic yet!!

  • @nickhyland7179
    @nickhyland7179 ปีที่แล้ว +1

    I’m an actor, thinking of making the switch as I make more money-this is so informative. Thanks!

    • @iamdetour
      @iamdetour  ปีที่แล้ว +1

      Once you make about $60k comfortably elect to be taxed as an S-corp👌

  • @sal8057
    @sal8057 ปีที่แล้ว +1

    Super helpful info! Thanks for sharing!

  • @khhhaamlee9322
    @khhhaamlee9322 ปีที่แล้ว

    Thank you very much. This is really helpful. I started my art business (visual artist) and i was so lost. This will really help me to make a decision.

  • @AllThatAndDenson
    @AllThatAndDenson ปีที่แล้ว +1

    Solid ! Thank you for sharing. This was helpful.

    • @iamdetour
      @iamdetour  ปีที่แล้ว

      Glad it was helpful!

  • @ethereal.airbrush
    @ethereal.airbrush 2 ปีที่แล้ว +1

    Cool jacket bro. Even though not everything applies the same up in Canada, the info is helpful. Thanks ✌️

  • @SaturdaySavior87
    @SaturdaySavior87 ปีที่แล้ว +1

    Thank you so much for this video, it was very helpful.

    • @iamdetour
      @iamdetour  ปีที่แล้ว

      Glad it was helpful!

  • @Dadadoodlesart
    @Dadadoodlesart 2 ปีที่แล้ว +1

    So helpful thank you! Been trying to figure out if I should become an LLC for a while. This really helped me!

    • @iamdetour
      @iamdetour  2 ปีที่แล้ว

      Glad it was helpful!

  • @PO-si4ty
    @PO-si4ty 7 หลายเดือนก่อน +1

    This guy knows his shi.👍

  • @misstateyna
    @misstateyna 7 หลายเดือนก่อน +1

    Great information!

  • @keekeemason256
    @keekeemason256 2 ปีที่แล้ว +2

    Thanks for the info!

  • @karentheisen4235
    @karentheisen4235 ปีที่แล้ว

    Great video! Very informative! Thank you!

  • @AdamWellborn
    @AdamWellborn ปีที่แล้ว

    Thanks for the clear and concise artist tax info!

  • @FuelledByPocky29
    @FuelledByPocky29 ปีที่แล้ว +1

    Thanks so much for this video! The information was very helpful. I'm thinking that I should probably stay as a sole proprietor for now since I'm only just starting off my small art business. I don't know if it's different from state to state, but can a sole proprietor start up a business account?

  • @Learn-N-Burn
    @Learn-N-Burn 2 หลายเดือนก่อน

    Woahhhh I know you!!! 😅 #denver 😮

  • @bawxofchawclets4836
    @bawxofchawclets4836 2 ปีที่แล้ว +1

    from RGB to LLC .Sounds good to me

  • @Phoneuser4ever
    @Phoneuser4ever ปีที่แล้ว

    What accounting software do you use?

  • @shariparker4823
    @shariparker4823 10 หลายเดือนก่อน +1

    Can't you get insurance to protect yourself as a sole proprietor?

    • @iamdetour
      @iamdetour  10 หลายเดือนก่อน

      You can get general liability insurance, but your personal assets are still at risk of being taken if you are sued by someone. With an LLC you can separate your business and personal assets so regardless of insurance they are not able to take your personal personal assets

  • @the.uglyface808
    @the.uglyface808 2 ปีที่แล้ว +4

    This. ☝️ Thanks man. This is an untouched resource of knowledge. Awesome.

    • @iamdetour
      @iamdetour  2 ปีที่แล้ว

      Glad it was helpful!