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Tax and Money Education for Creative People, Freelancers and Solopreneurs

Sunlight Podcast Hannah Cole Sunlight Podcast Hannah Cole

New Rules for LLCs: Update

LISTEN AND SUBSCRIBE HERE
New Rules for LLCs: Update

In today’s episode, I’m revisiting an important topic and giving you an update about the Corporate Transparency Act, which aims to identify owners of LLCs and prevent financial crimes.  

I’m providing an update on information about the requirements of filing a Beneficial Ownership Information report, including the deadlines and penalties and how you can file.  

Join me in this episode to get all the timely information about this act and learn how you can get step-by-step video directions on filing for your LLC! 

LISTEN AND SUBSCRIBE HERE

In today’s episode, I’m revisiting an important topic and giving you an update about the Corporate Transparency Act, which aims to identify owners of LLCs and prevent financial crimes. 

 

I’m providing an update on information about the requirements of filing a Beneficial Ownership Information report, including the deadlines and penalties and how you can file. 

 

Join me in this episode to get all the timely information about this act and learn how you can get step-by-step video directions on filing for your LLC! 

 

Also mentioned in today’s episode: 

  • Why you should be aware of scams when it comes to filing 6:00

  • Why the Corporate Transparency Act was passed and why it’s important 9:05

  • The deadlines for filing and the penalties 14:48

If you enjoyed this episode, please rate, review and share it! 

Links:

 Free 20 Minute Course on Filing your BOI Report for LLCs: www.sunlighttax.com/llc

IRS Proof Your Business Deductions

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New Rules for LLCs: How The Corporate Transparency Act Affects You

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New Rules for LLCs: How The Corporate Transparency Act Affects You

In today's episode, I want to talk about a new law that goes into effect in January of 2024 and affects small business owners with an LLC: The Corporate Transparency Act.

 Join me in this important episode to learn more about this law, why it’s actually a good thing and how you can comply to avoid fines. 

LISTEN AND SUBSCRIBE HERE

In today's episode, I want to talk about a new law that goes into effect in January of 2024 and affects small business owners with an LLC: The Corporate Transparency Act.

 Join me in this important episode to learn more about this law, why it’s actually a good thing and how you can comply to avoid fines. 

Also mentioned in today’s episode: 

  • What is the Corporate Transparency Act and why is it a good thing? 2:25 

  • Who needs to comply with this law 5:09

  • New York State and their own version of this law 9:22

  • When to file and how it effects new LLC’s 13:02

If you enjoyed this episode, please rate, review and share it! 

 

Links: 

https://www.sunlighttax.com/openhouse

Watch Youtube video version

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LLCs & Why You Need to Separate Your Accounts

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LLCs & Why You Need to Separate Your Accounts

Today, I’m sharing an article I wrote about why it’s so important to keep your personal and business bank accounts separate as an entrepreneur. I’m also sharing information about LLC’s vs. a sole proprietorship and if having an LLC really changes anything during tax time. 

Join me in this episode to hear why mixing your personal and business accounts can hurt your business and to learn more about whether you should switch to an LLC.  

LISTEN AND SUBSCRIBE HERE

Today, I’m sharing an article I wrote about why it’s so important to keep your personal and business bank accounts separate as an entrepreneur. I’m also sharing information about LLC’s vs. a sole proprietorship and if having an LLC really changes anything during tax time. 

Join me in this episode to hear why mixing your personal and business accounts can hurt your business and to learn more about whether you should switch to an LLC.  

Also mentioned in today’s episode: 

  • LLC’s and your taxes 1:09

  • Why your personal and business accounts should be separated 2:19

  • Can you operate as a sole proprietorship or do you need an LLC? 6:04

If you enjoyed this episode, please rate, review and share it! 

Links:

VVRKSHOP, Paddy Johnson: https://www.vvrkshop.art/

IRS 9 point list for hobby vs business

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