Swimming Financially

Business Entities Without the Confusion (or the IRS Side-Eye)


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Do you actually need an LLC to start a business?

In this episode of Swimming Financially, I break down the differences between sole proprietorships, LLCs, S-Corps, corporations, and partnerships—so you can choose what actually fits your situation.

We’ll cover:

  • How each structure is taxed
  • When an S-Corp makes sense
  • Common mistakes that can cost you
  • The IRS Hobby Rule

Key takeaway: Start simple. Choose the structure that fits your income, risk, and goals—and level up when it makes sense.

🎧 Tune in and get clear on your next step.

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Swimming FinanciallyBy Desiree Fisher