234: Don't Get Sued! Little-Known YouTube Advice on Taxes and Legal Protection
The Think Media Podcast
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How to Set Up a Business Entity
When you set up a business entity, there's three things that you should keep in mind. You are 300 times less likely to be audited by the IRS when you have a business entity in place. It also allows you to avoid half of your self-employment tax, which is Medicare, Social Security, ends up saving you about 7%. That's super powerful. And even if you're just starting out, there's so many benefits for you.
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