Business 101
The business fundamentals that belong under every tax strategy — entity structure, financial reporting, and day-to-day operations.
Business Foundations
Build a stronger foundation for your business by exploring common entity structures, including LLCs, C corporations, and S corporations, and the key differences and benefits of each.
- Episode 1
Limited Liability Company (LLC)
Explore how LLCs work, the benefits they can provide business owners, and key considerations when choosing an LLC as your business structure.
- Episode 2
Corporation (C-Corp)
Explore how C corporations work, the benefits they can provide, and key tax, ownership, and operational considerations for this business structure.
- Episode 3
S Corporation
Explore how S corporations work, the potential tax advantages they can provide, and key considerations when evaluating an S-corp election.
Business Reporting
Learn the fundamentals of understanding and managing your business through financial analysis, key performance indicators, and important state-level reporting and compliance considerations.
- Episode 1
Financial Analysis and KPIs
Explore how financial analysis and key performance indicators can help you understand your business performance, identify trends, and make more informed decisions.
- Episode 2
State Issues, Sales Tax, and DBAs
Explore common state-level business requirements, including sales tax considerations, DBAs, and other compliance issues that may affect your business.
Business Operations
Explore the financial systems and practices that help keep your business organized, from setting up business bank accounts and a chart of accounts to managing how and when your business pays expenses.
- Episode 1
Bank Accounts
Explore why a dedicated business bank account matters, what you may need to open one, and how separate banking can help keep your business finances organized.
- Episode 2
Chart of Accounts
Explore how a chart of accounts organizes your business finances and how it can support clearer bookkeeping, reporting, and financial decision-making.
- Episode 3
Choose this day who you will pay
Explore how to approach business payments and financial obligations strategically, including considerations for prioritizing where your business funds go.
