In this episode of Building Wealthy Habits, Randy Barkley and Laura Lee dive into the finer details around entity formation.
Today’s episode of Building Wealthy Habits discusses different business structures and entity formations. Jeremiah provides insights into sole proprietorships, partnerships, LLCs and corporations. They explore the tax implications of LLCs versus S Corps and how to hold appreciated assets. Randy and Jeremiah advise regularly consulting advisors as a business grows and circumstances change. Tune in to learn how to structure your business for liability protection, taxes and future planning.
This week on Building Wealthy Habits:
- Healthy habits and cookie preferences. (0:00)
- Business ownership structures and formation. (1:55)
- Business partnerships and formation. (6:38)
- Legal entities for businesses and their liability protections. (12:16)
- LLCs and S Corps for tax purposes. (14:51)
- Business advisory services and financial planning. (25:23)
Connect with Randy:
- LinkedIn: https://www.linkedin.com/in/rkbarkley/
- Email: Randy@tricordadvisors.com
Connect with Jeremiah:
- LinkedIn: https://www.linkedin.com/in/jeremiahjlee/
- Email: Jeremiah@tricordadvisors.com
Connect with Laura:
- LinkedIn: https://www.linkedin.com/in/laura-lee-59a83610/
- Email: Laura@tricordadvisors.com
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