Business Entity 101: Sole Prop, LLC, and S corp | Heard x Zencare

Business Entity 101: Sole Prop, LLC, and S corp | Heard x Zencare
12
November
9 AM PT / 12 PM ET

This event will be recorded, so if you can't make it live, you can still sign up to get the recording. We will be sharing a special promo code to save you 15% off on your Heard membership!

Starting a private practice means becoming a business owner. With that leap comes a whole host of tricky questions: "Do I need an LLC? Am I being compliant? Wait, why are my taxes now higher??"

Every state has its own formation rules, and the mix of decisions, tax, and legal jargon can quickly make you want to crawl into bed with a weighted blanket. This session from Heard will break it all down. We'll answer the questions you're sitting with: Sole prop or LLC? Do you need a PLLC? When does an S corp election save you money, and when does it just create more paperwork? How does this work specifically for California?

We'll talk through each step, including how to handle the self-employment tax that comes with running your own practice.

Walk away knowing:

  • The difference between a sole prop, an LLC, and a PLLC
  • The perks of forming an entity versus staying a sole prop
  • The income threshold where an S corp can start saving you money
  • Tax and business strategies for keeping more of the income you work hard to earn

About Heard: Heard empowers therapists as business owners with easy-to-use financial software and access to dedicated bookkeeping and tax professionals. Get your time back and financial peace of mind.

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Heard is the only financial management software built for therapists and wellness practitioners that enables you to manage your bookkeeping, taxes, and payroll-all in one place.

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