Small Business Taxes for Beginners & New LLC Owners

Small business taxes for beginners. There has been a record-breaking number of LLCs created in the last two years according to US business formation statistics. Of course, this means there will be a lot of new business owners who need to learn how to handle their taxes.

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Timestamps
Preview/Intro (0:00)
Individual Income Tax (1:54)
Corporate Taxes (3:38)
Payroll Taxes (4:40)
Self-Employment Taxes (5:31)
Other Uncommon Taxes (6:54)
How to Pay Business Taxes (8:27)
Business Tax Deductions (11:44)
Compliance Checklist (13:33)
IRS Receipt Requirements (15:45)

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Disclaimer: The information provided in this video is for informational purposes only and is not meant to take the place of professional legal, accounting, or financial advice. If you have any legal questions about this video or the subjects discussed, or any other legal matter, you should consult with an attorney or tax professional in your jurisdiction (i.e. where you live).