SBDC LA: What is the Best Legal Structure for my Company? What are the Tax Advantages?
Date and Time
Thursday Dec 7, 2023
9:00 AM - 10:30 AM PST
December 7 @ 9:00 am - 10:30 am Free
Location
VIRTUAL - REGISTER HERE
Fees/Admission
FREE
Description
Many entrepreneurs do not fully understand the differences between a Sole Proprietorship, LLC and S Corporation. This causes many to form a corporation when they may be better operating as a sole prop. Additionally, they are confused about the tax differences for each structure. They often choose a legal structure based on a perceived tax advantage that is incorrect.
This webinar provides an overview of the various tax structures. The required documentation for the original filing and annual filings. The requirement for accounting, quarterly tax estimates and W2 salaries.
This webinar covers:
Difference between a sole prop, LLC and S Corporation
Tax differences between the legal structures
Documents required for filling including annual reports
Tax estimates and reasonable salary requirements