You don't need an LLC to be considered a business

Name: You don't need an LLC to be considered a business
Duration: 70 s
Description: As soon as you start buying or selling, you're a sole proprietor and owe taxes, no LLC required.

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Many people assume they need an LLC before the IRS considers them a business — not true. TJ walks through the different levels, from sole proprietor to S Corp to partnership, and explains what actually triggers your tax obligations. Helpful if you've started earning money and aren't sure where you stand.

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