True," what's up everyone? It's Prince Dino, founder of Jumping Jack Tax and the Jack franchise. Today, we're going to be talking about the things they don't tell you when setting up an LLC. I appreciate you for watching this video. You've probably watched a ton of videos on setting up an LLC and everybody's giving advice, et cetera. And, as you know, if you've been following my channel, I'm always going to provide you with a different perspective from a business standpoint. Because not only am I running a financial services franchise, but an actual business as well, I like to talk about how business truly works and how you're going to be successful, and not just blowing smoke at you. So if you watch my channel, you know I always give you different perspectives and angles to think about as an entrepreneur, not just from a financial or legal standpoint. So let's get into it. I want you to like, comment, and subscribe if this video is valuable to you. Please recommend this to somebody else who's new to the world of entrepreneurship. So let's get into it. First things first, right when setting up an LLC. Again, there are maybe a thousand videos on YouTube right now giving you all the steps on how to set it up. Some recommend the DIY (do it yourself) method, showing you ways of doing it yourself and how to go through the state websites to keep it very affordable for you in setting up the LLC in your home state. Then, setting up your EIN number and finding the actual name that you want and registering that business. All of these different ways to set this up, right? But in a lot of videos that I saw, there were things that people weren't...
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Form W9 2024 IN: What You Should Know
What's on your W-9? The most crucial questions to ask when you fill out your W-9 form.  Complete all sections ▷ List all items • Fill out and sign the Taxpayer Identification Number — Identify the employee, — Include all income that can reasonably be determined, and — If appropriate include other information, such as your Social Security number, and your employer or clients ▷ Fill out and sign the Taxpayer Identification Number — Identify the employee, ▷ Include all — income you know that you can pay. ▷ Fill out and sign the Taxpayer Identification Number — Identify the employee, ▷ Include all income you know that you can pay. ▷ Fill out all sections • Fill out and sign the W9 with all the required information to prove your identity. Note that employers report income using a 1099 form. The amount paid through this form does not count as income and will be reported on the individual's tax return. The form contains all the necessary details about a self-employed person, i.e. his or her name, business name (if applicable), address, social security number (SSN) and whether you are a sole proprietor, a limited liability company (LLC) or a corporation. If you are a sole proprietor, you can enter all of this information on Form 1040, Schedule H (with Schedule J to report income on Form 1040 and Form 1040NR). If you are a limited liability company, you should enter the name and address, as well as the names of your business partners, on Schedule E. If you are a corporation or other partnership, you should enter the names and addresses of all partners on Form 1040, Schedule F or Schedule S. The information you should enter is the following: The address of the business The name of the owner, or the persons by whom you are acting as a single proprietor and all the ownership interests of at least one individual in the business (i.e. share interests) The identification of your business The name of every person, firm, corporation and arrangement you own or control in the same business. How to Fill Out IRS W9 Filled Out The form contains all the necessary details about a self-employed person, i.e.
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