• 006 Protect Your Creative Business: 5 legal and tax tips you can't ignore with Braden Drake from Not Avg Law

  • 2024/10/29
  • 再生時間： 41 分
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006 Protect Your Creative Business: 5 legal and tax tips you can't ignore with Braden Drake from Not Avg Law

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  • Get ready for a no-BS breakdown of the most important legal and tax tips for creative entrepreneurs with Braden Drake, a California licensed attorney and tax professional. In this episode, Braden and I (Emily Kim) discuss these top 5 legal + tax tips to get your creative business legally legit:


    1. Keeping Taxes Simple – With basic bookkeeping and quarterly tax payments, Braden outlines how to avoid common tax pitfalls and streamline your finances.
    2. Legal Layers of Protection – Braden introduces his “legal hierarchy of needs,” which is tbh, the best explanation of all things legal for a creative business owner like me who actively cringes anytime I hear anything law related.
    3. Sole Proprietorship vs. LLC – Learn why forming an LLC can be a game-changer for protecting your personal assets from business liability.
    4. What is an S-Corp actually, and when you should consider it – finally, understand what the heck an S-Corp actually is.
    5. Does your tax + legal expert need to be local? – Understand when you might need a local expert versus when you can work with someone remotely.


    FIND BRADEN ONLINE:


    The Contract Club (affiliate link): https://www.bradendrake.com/a/2147575083/WeWgweFf

    All the templates you need. All in one place. Just pay the low + affordable one-time fee, and you’re in for life.


    Braden's law firm, Not Average Law: https://notavglaw.com/


    Get Braden's book, Unf*ck Your Biz: https://notavglaw.com/book


    Listen to the Unf*ck Your Biz Podcast:https://notavglaw.com/podcast


    00:35 Who is Braden and why should you listen to him?
    02:40 Tip #1: Keeping Taxes Simpler
    10:44 Tip #2: Legal Layers of Protection
    11:22 Tip #3: Choosing Between Sole Proprietorship and LLC
    16:20 Tip #4: What is an S-Corp actually, and when you should consider it
    26:56 Tip #5: Does your tax + legal expert need to be local?
    36:46 How to Work with Braden and Final Takeaways

    Thanks for listening!

    Connect on Instagram: https://www.instagram.com/emilykim.co

    Join the free, private Facebook Group: https://www.facebook.com/groups/theprofitablecreatives

    Website: https://emilykim.co/
    Photo & video services: https://emilykimphotography.com/
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あらすじ・解説

Get ready for a no-BS breakdown of the most important legal and tax tips for creative entrepreneurs with Braden Drake, a California licensed attorney and tax professional. In this episode, Braden and I (Emily Kim) discuss these top 5 legal + tax tips to get your creative business legally legit:


  1. Keeping Taxes Simple – With basic bookkeeping and quarterly tax payments, Braden outlines how to avoid common tax pitfalls and streamline your finances.
  2. Legal Layers of Protection – Braden introduces his “legal hierarchy of needs,” which is tbh, the best explanation of all things legal for a creative business owner like me who actively cringes anytime I hear anything law related.
  3. Sole Proprietorship vs. LLC – Learn why forming an LLC can be a game-changer for protecting your personal assets from business liability.
  4. What is an S-Corp actually, and when you should consider it – finally, understand what the heck an S-Corp actually is.
  5. Does your tax + legal expert need to be local? – Understand when you might need a local expert versus when you can work with someone remotely.


FIND BRADEN ONLINE:


The Contract Club (affiliate link): https://www.bradendrake.com/a/2147575083/WeWgweFf

All the templates you need. All in one place. Just pay the low + affordable one-time fee, and you’re in for life.


Braden's law firm, Not Average Law: https://notavglaw.com/


Get Braden's book, Unf*ck Your Biz: https://notavglaw.com/book


Listen to the Unf*ck Your Biz Podcast:https://notavglaw.com/podcast


00:35 Who is Braden and why should you listen to him?
02:40 Tip #1: Keeping Taxes Simpler
10:44 Tip #2: Legal Layers of Protection
11:22 Tip #3: Choosing Between Sole Proprietorship and LLC
16:20 Tip #4: What is an S-Corp actually, and when you should consider it
26:56 Tip #5: Does your tax + legal expert need to be local?
36:46 How to Work with Braden and Final Takeaways

Thanks for listening!

Connect on Instagram: https://www.instagram.com/emilykim.co

Join the free, private Facebook Group: https://www.facebook.com/groups/theprofitablecreatives

Website: https://emilykim.co/
Photo & video services: https://emilykimphotography.com/
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