Today, I'm sharing an article I wrote about why it's so important to keep your personal and business bank accounts separate as an entrepreneur. I'm also sharing information about LLC's vs. a sole proprietorship and if having an LLC really changes anything during tax time. Join me in this episode to hear why mixing your personal and business accounts can hurt your business and to learn more about whether you should switch to an LLC. Also mentioned in today's episode: <ul> <li dir="ltr" aria-level="1"> LLC's and your taxes 1:09 </li> <li dir="ltr" aria-level="1"> Why your personal and business accounts should be separated 2:19 </li> <li dir="ltr" aria-level="1"> Can you operate as a sole proprietorship or do you need an LLC? 6:04 </li> </ul> If you enjoyed this episode, please rate, review and share it! Links: VVRKSHOP, Paddy Johnson: <a href= "https://www.vvrkshop.art/">https://www.vvrkshop.art/</a> <a href= "https://www.irs.gov/newsroom/earning-side-income-is-it-a-hobby-or-a-business"> IRS 9 point list for hobby vs business</a>

Today, I'm sharing an article I wrote about why it's so important to keep your personal and business bank accounts separate as an entrepreneur. I'm also sharing information about LLC's vs. a sole proprietorship and if having an LLC really changes anything during tax time. Join me in this episode to hear why mixing your personal and business accounts can hurt your business and to learn more about whether you should switch to an LLC. Also mentioned in today's episode: LLC's and your taxes 1:09 Why your personal and business accounts should be separated 2:19 Can you operate as a sole proprietorship or do you need an LLC? 6:04 If you enjoyed this episode, please rate, review and share it! Links: VVRKSHOP, Paddy Johnson: https://www.vvrkshop.art/ IRS 9 point list for hobby vs business

Today, I'm sharing an article I wrote about why it's so important to keep your personal and business bank accounts separate as an entrepreneur. I'm also sharing information about LLC's vs. a sole proprietorship and if having an LLC really changes anything during tax time. Join me in this episode to hear why mixing your personal and business accounts can hurt your business and to learn more about whether you should switch to an LLC. Also mentioned in today's episode: <ul> <li> LLC's and your taxes 1:09 </li> <li> Why your personal and business accounts should be separated 2:19 </li> <li> Can you operate as a sole proprietorship or do you need an LLC? 6:04 </li> </ul> If you enjoyed this episode, please rate, review and share it! Links: VVRKSHOP, Paddy Johnson: <a href="https://www.vvrkshop.art/" rel="noopener noreferrer">https://www.vvrkshop.art/</a> <a href="https://www.irs.gov/newsroom/earning-side-income-is-it-a-hobby-or-a-business" rel="noopener noreferrer"> IRS 9 point list for hobby vs business</a>

LLCs & Why You Need to Separate Your Accounts

Making money isn't usually the top priority for big vision creators — making a difference is.

But without financial power, the diverse and unique solutions that you bring to the world as a creative entrepreneur aren't able to see the light of day. And you are left burned out and exhausted.

This show is designed for the big vision creators —designers, freelancers, and purple-haired, punk rock weirdos — to answer the question: "If you had your taxes, retirement, and investing on lock, how big of an impact could you make on the world with your work?"

Your host, Hannah Cole, is both an artist and a tax expert, and the founder of Sunlight Tax. In each episode, she and her guests will explore the connection between financial power and creative success, uncovering the unique money mindset and financial management shifts that help creators like you have a bigger impact with your work. From what you need to know about self-employment taxes and bookkeeping, to unlocking your vision, you'll have everything you need to become more successful — and have a bigger impact — in your career. 

Hannah has supported thousands of self-employed people like you with accessible tax and business setup skills through her signature program, Money Bootcamp. You can learn more at sunlighttax.com and connect on Instagram at @sunlighttax.

If this sounds good to you, please subscribe to the show, and share it with a friend.

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Entrepreneurship

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Making money isn't usually the top priority for big vision creators — making a difference is. But without financial power, the diverse and unique solutions that you bring to the world as a creative entrepreneur aren't able to see the light of day. And you are left burned out and exhausted. This show is designed for the big vision creators —designers, freelancers, and purple-haired, punk rock weirdos — to answer the question: "If you had your taxes, retirement, and investing on lock, how big of an impact could you make on the world with your work?" Your host, Hannah Cole, is both an artist and a tax expert, and the founder of Sunlight Tax. In each episode, she and her guests will explore the connection between financial power and creative success, uncovering the unique money mindset and financial management shifts that help creators like you have a bigger impact with your work. From what you need to know about self-employment taxes and bookkeeping, to unlocking your vision, you'll have everything you need to become more successful — and have a bigger impact — in your career. Hannah has supported thousands of self-employed people like you with accessible tax and business setup skills through her signature program, Money Bootcamp. You can learn more at sunlighttax.com and connect on Instagram at @sunlighttax. If this sounds good to you, please subscribe to the show, and share it with a friend.

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LLCs & Why You Need to Separate Your Accounts

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