Avoid These MISTAKES BEFORE Starting an LLC!
Автор: LYFE Accounting
Загружено: 2025-06-04
Просмотров: 1410
Avoid these big mistakes BEFORE starting your LLC. CPA Explains.
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As a licensed CPA, I see far too many people make costly mistakes when setting up their LLC. #llcs #llcformation #llcformations
I’ve seen people lose their legal protection, accidentally expose their personal privacy, and pay thousands more in taxes…all because of simple mistakes they made while setting up their LLC.
So I’m making this video to share the Top 10 most expensive mistakes you can make when starting an LLC.
Even if you already have one,, if you are making any one of the mistakes I’m about to share with you, then you will want to fix this as soon as possible, so Like and save this video & let’s jump right in.
Risks: (0:00)
The LLC Decision: (0:38)
LLC Benefits: (1:42)
Exposing Your Personal Address: (2:45)
Registered Agent Mistakes: (3:40)
Tax Election Mistakes: (4:44)
Misplacing LLC Assets: (6:09)
Piercing the Corporate Veil: (6:52)
The EIN Mistake: (7:34)
No LLC Bank Account: (8:40)
Not Issuing 1099s: (9:42)
Not Reimbursing Yourself: (10:25)
No LLC Books: (11:42)
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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).
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