I think it would be very valuable for this community if a CPA talks about the different types of business structures and, for each, what must be done and when to be ok with the IRS.
For example, if you have a C corporation, you should pay quarterly taxes, due dates are so, so, so and so and you should file at least form IRS-1234. If you have a LP then the basic rules are 1, 2, 3 and 4. For LLCs what you should do is a, b, c, d.
I believe this would be great given the complexity and weird wording that IRS uses for everything.
For example, if you have a C corporation, you should pay quarterly taxes, due dates are so, so, so and so and you should file at least form IRS-1234. If you have a LP then the basic rules are 1, 2, 3 and 4. For LLCs what you should do is a, b, c, d.
I believe this would be great given the complexity and weird wording that IRS uses for everything.
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs achieve reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circl, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today