Over the next three episodes, I'm going to answer the question I get asked most frequently, which is "how am I taxed as a business owner?" There could be nuances to the way your particular business is set up that causes some slight variations, but I am going to break this down based on entity type and provide a general explanation, starting with sole proprietor or single-member LLCs.
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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.