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Impact Complex Financials & Films

00:22
Tax Question: Do you need an LLC to start a business?
The BIGGEST myth costing new entrepreneurs time and money? Thinking you NEED an LLC to start a business! Here's the truth: you can start TODAY as a sole proprietor with ZERO paperwork—just start making money. An LLC doesn't change your taxes (it's still reported on your personal return) but gives you liability protection. Too many entrepreneurs waste months in "LLC setup mode" instead of actually testing their business idea and making sales! Only form an LLC when: 1) You're making consistent profit, 2) You have actual liability concerns, or 3) You're ready for the S-Corp tax election. Focus on REVENUE first, paperwork second! Did you wait too long to start because you thought you needed an LLC?
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***Disclaimer: The information provided on this post does not, and is not intended to, constitute financial advice; instead, all information, content, and materials available on this post are for general informational & entertainment purposes only.
#llc #entrepreneur #smallbusiness #startuplife #businessowner #soleprop #sidehustle #businesstips #liability #businessadvice #taxadvice #startup #entrepreneurmindset #smallbusinessowner #businessformation #businessstructure #soleproprietor #taxplanning #startupadvice #entrepreneurship #businesslaw #businessgrowth #selfemployed #passiveincomestrategies #hustleculture #startupbusiness #businessbasics #moneyhacks #fyp
Solo.9.3

00:41
Course Cashback: Your Guide to Writing Off Courses
Did you know? Your path to knowledge could lead to tax savings!
That business course you've been eyeing might be tax-deductible if it maintains or improves your job skills. But here's the catch - it needs to relate to your current business! Smart entrepreneurs don't just invest in education, they make it work for their tax strategy. Are you maximizing your educational tax benefits?
☄️ Follow @chrisedoria
📽 Follow @scaleupmedia.in
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***Disclaimer: The information provided on this post does not, and is not intended to, constitute financial advice; instead, all information, content, and materials available on this post are for general informational & entertainment purposes only.
#entrepreneurs #business #investing #finance #financial #investments #financialfreedom #moneyhacks #education #money #taxhacks #courses #taxdeductions #fyp #fyop #success #learning #selfimprovement #businesseducation #taxbenefits #taxwrite-offs #smartmoney
Solo.10.21

00:33
Tracking Cash Transactions
Tired of messy business expenses? Here's a game-changer: Using Zelle from your business account to personal isn't just convenient—it's a brilliant tracking system. When I reimburse myself for business expenses, each Zelle transfer creates a clear, timestamped record that connects perfectly with my receipts. No more sorting through crumpled papers or forgetting which card I used! This simple system has saved me hours during tax season. What's your method for tracking business expenses?
☄️ Follow @chrisedoria
📽 Follow @scaleupmedia.in
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***Disclaimer: The information provided on this post does not, and is not intended to, constitute financial advice; instead, all information, content, and materials available on this post are for general informational & entertainment purposes only.
#businessexpenses #entrepreneurs #smallbusiness #zelle #accounting #bookkeeping #taxes #businessowner #trackingexpenses #expensetracking #reimbursement #financialorganization #businesstips #taxseason #receipts #businessfinance #financialtips #digitalpayments #cashflow #moneyhacks
Solo 12.7

01:02
This is why I say, Do not use Venmo!
Venmo could be COSTING you more than you think! 🚨 While it seems convenient, using personal payment apps for business transactions is a BIG red flag to the IRS. They now require reporting of business transactions over $600, and mixing personal/business finances can complicate your bookkeeping, lead to missed deductions, and even trigger audits.
☄️ Follow @chrisedoria
♾️ Follow @djrodd
📽 Follow @scaleupmedia.in
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***Disclaimer: The information provided on this post does not, and is not intended to, constitute financial advice; instead, all information, content, and materials available on this post are for general informational & entertainment purposes only.
#entrepreneurs #business #venmo #finance #financial #paymentapps #financialfreedom #moneyhacks #taxproblem #money #taxhacks #businessaccounting #bankaccounts #fyp #fyop #success #businessowner #audit #taxstrategy #irs #cashapp
Solo.10.13
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