LLC Pros and Cons for Content Creators! [2023]

So you're about to form your LLC - but are still unsure why it's better or worse than sole proprietorship, S-corporations or C-corporations? Well don't worry, we've narrowed down the best pros and cons to help you out!
💡Can you choose how you are taxed as an LLC?
💡Will brands take me more seriously?
💡Is there more paperwork now?
🔵 And much more!
Want to see our playlist on tax advice for LLC's?
Check it out here: • Taxes for Content Crea...
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💻 Get Startglobal's all in one tax package - 👉 startglobal.co/
🏛 Tax estimator tool - startglobal.co/tools/tax-esti...
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- CHAPTERS -
0:33 - Introduction
0:47 - The Pros!
0:50 - Limited Liability Protection
1:10 - Flexible To Choose How You Are Taxed
1:39 - Making Your Business 'Professional'
2:11 - Brand Name Protection
2:50 - Simpler Regulatory Requirements
3:22 - The Cons!
3:26 - Costs to Form and Maintain
3:48 - More Paperwork
4:16 - You Have To Pay Self-Employment Tax of 15.3% In Addition To The Income Taxes
4:52 - Hard To Raise External Funding
5:29 - Limited Life
6:31 - Summary
6:48 - Startglobals all in one tax package!
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the team at StartGlobal. The speaker does not guarantee any particular outcome.
#LLC #LLCAddress #USNonResident #RegisteredAgent

[@seyedirajhosseini]

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