Your online business team: tax strategy with Melissa Whaley (S3E42)

Legal Road Map®: copyright, trademark and business law info for online entrepreneurs

English - June 18, 2018 04:00 - 30 minutes - 27.8 MB - ★★★★★ - 52 ratings
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Previous Episode: What advisors do 7-figure businesses have on their team, and who do you need to help build your dream business? (Legal Road Map® Podcast S3E41)

Next Episode: Bookkeeping and financial help for 7-figure businesses with Heather Pranitis (Legal Road Map® Podcast S3E43)

Tax advisor and financial strategist Melissa Whaley and I talk about why having a tax pro on your team is essential as you grow your business towards seven- or eight-figures.

Melissa also explained the tax advantages to filing taxes as an S corporation, and when a business owner should at least have a consultation with a financial advisor who can help with tax planning.

We even talked about how you can lose the liability protection an LLC or corporation provides for your personal assets if you are commingling personal and business funds (piercing the corporate veil).

You can find more from Melissa at https://melissawhaley.com/

Sign up below 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.