303: Should I set up an LLC for my Business?

Main Street Business

Mark J Kohler and Mat Sorensen

Tax Reform, Entrepreneurship, Business, Irs Updates, Tax Tips, Legal Compliance, Business Structure, Tax Prep, Accounting, Tax Strategies, Management, Financial Reporting, Estate Planning

2.4 • 584 Ratings

🗓️ 20 August 2020

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

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Summary

Join Mark and Mat as they break down the top 7 reasons why you might need a Limited Liability Company (LLC)...and NOT everyone does! Learn when, where and how to maintain the LLC for your business. This is an extremely informative discussion with straight forward answers and some fun dialogue. To Search prior episodes, or sign up for their Weekly Free Newsletter, visit www.mainstreetbusiness.com. Grab my eBook 30 Unique Strategies Every Business Owner Should Know! You don't want to...

Transcript

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0:00.0	Welcome everybody to another episode of the Main Street Business Podcast.
0:09.7	My name is Mark Kohler, tax lawyer, small business advisor, real estate investor, surfer,
0:18.7	just a workaholic essentially.
0:20.2	That's all I feel like I can brag around.
0:21.6	Author, author, author.
0:22.6	Offer books.
0:24.6	Yeah, that falls into the workaholic category.
0:26.6	Okay, yeah, that's a that's a hodgepodge of many things.
0:30.6	Yeah, and I'm here with my amazing co-host Matt Sorensen, also an author and tax lawyer.
0:35.6	And now he plays the electric guitar and he is a biker,
0:40.8	but technically I should say a cyclist.
0:43.9	Yeah,
0:44.4	yeah.
0:45.1	Bikers like hell's angels,
0:46.7	you know.
0:47.5	I'm not that cool.
0:49.2	You know,
0:49.3	I just ride a bicycle and wear stretchy clothes and shave my legs.
0:53.7	It's pretty cool. And you raise
0:55.0	hell. Just in a different way. Yeah. I know I know many cars passing by, I think that. And so.
1:03.1	Well, hopefully folks, you fell upon our podcast to see in the title there about should I set up an LLC for my
1:09.5	business. Well, for the last 20 years, Matt Sorensen and I have owned a law firm.
	...

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