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How to Save Money on Taxes with Olympian and Student Loan Planner Lauryn Williams

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Are You a Sole Proprietor?

When you are sole proprietor, the money that you earn is your income. And so you need be accounting for it in some way. I will say that when i became an s corp for silon planer, i didn't know what i was doing. You can have it taxed as an s corp, you can have ittaxed its a c corp, or you canhave it taxed, you know, different ways. So if you're making forty or 50 thousand, and your profits like forty or 50 thousands, maybe it won't make a ton of censs to pay two or three thousand for a tax professional to set you up as an escort l c.

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