#2. Business Entities and Taxes

This episode is a deep dive (and I mean deep into the “exciting” world of lawyers andaccountants) into the foundation of starting a business. I cover how to set up your business from alegal and tax perspective. As part of this episode you'll hear straight from two experts. PrestonKoerner and Chris will go over the legal piece and Jason Grant with Trackin Assets will talk aboutdifferent tax considerations. In the intro, Craig and I talk about partnerships and trying to determine if a partnership is rightfor your situation. You can find the partnership questionnaire we refer to at motorcarrierhq.com. In the interview with Preston, we cover the differences between an LLC and a Corporation, andthe pros and cons of each. Visit http://haulinassetsllc.com/ for the full show notes and links.