Running a location-independent business legally (pt.3) – Taxes (S3E48)
Legal Road Map®: copyright, trademark and business law info for online entrepreneurs
English - July 30, 2018 04:00 - 22 minutes - 20.7 MB - ★★★★★ - 52 ratingsEntrepreneurship Business Marketing business entrepreneurship entrepreneur marketing health leadership interview finance entrepreneurs career Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Learn what you need to know about taxes for location-independent businesses from a legal standpoint. Whether you’re running a location-independent or virtual business, or you have locations or customers in other states, your business has to pay taxes.
In this episode I cover:
The different types of taxes your business may have to pay What you need to prepare for if you sell to customers in a state outside the state where your business is registered Registering in other states where you have employees or customers The consequences you could face if you don’t pay your taxes Some free resources to helpKey takeaway: No matter which state your 6-7 figure+ location-independent business calls home, you have to pay taxes. Make sure you’re not at risk for a potentially costly audit by seeking the advice of a professional.
Visit www.awbfirm.com/podcast48 for a transcript and show notes, and sign up to get a free 5 Minute Intellectual Property Audit. You’ll learn how you can make more money from the copyrights and trademarks in your business (you can also sign up there to be the first to know when new episodes are live and receive other legal updates and special offers from the AWB Firm).
This podcast is information, not legal advice specific to your situation.