▲ 2 r/podcasting
When to worry about Taxes and LLC’s
I’ve been working on my podcast for a few years now and make a couple hundred dollars a month (give or take). I have been paying myself half of that and keeping the other half for taxes and business expenses.
How do those in a similar boat go about doing taxes? Do I need to make a certain amount before worrying about that? And how much should I be making regularly before worrying about an LLC?
My numbers are getting close to paid sponsorship numbers and I want to have my ducks in a row before taking on that.
u/Forward-Party9102 — 2 days ago