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Publication 583 Rev March Starting a Business and Keeping Records  Form

Publication 583 Rev March Starting a Business and Keeping Records Form

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good day good day um so this is a video that's been requested more than a few times so I thought I'd finally get around to getting this done um this is basically uh not only uh what things you need to do um when you're creating a new business uh but also things to look for um when you want to invest business um and so I'm going to try to do both of those uh sort of at the same time in one video um just some some quick uh definitions to kind of get this stuff out of the way uh llc's um I've done a video before about llc's uh but they are created by States uh not the IRS okay and uh an LLC uh can be uh one of three things an LLC can be a sole proprietorship which files a Schedule C it can be a partnership which files a 1090 I'm sorry 1065 or it could be a corporation that files 1120 or 1120s all of that depends on how you register the LLC with the IRS okay um one of the benefits of having an LLC is that LLC members can be th

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