Most YouTubers probably default to connecting their Adsense account to their social security number and running their channel as a sole proprietor. While this may certainly be the easiest way to do earn money from YouTube, setting up a single member LLC has other advantages that you should consider, especially if you intend to run your channel like a business. Ryan Ippolito, a CPA, shares some of the pros and cons of running your YouTube channel as a sole proprietor vs. an LLC.
Looking for an accountant? Contact:
info@midatlanticcpas.com
How to setup an LLC
http://entrepreneurs.about.com/od/businessstructure/ht/llcsetup.htm
On Video Creators we discuss how to leverage YouTube as a social platform and use it to build an audience, spread our message, and change lives. If you’re a YouTuber or an online video creator, we’d love to have you subscribe and join us!
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THERE’S MORE GOODNESS FOR YOU HERE
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http://www.youtube.com/playlist?list=PLvxDZJe1lbabPKJuXL3PTeP3fPQrEaGSz
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VideoCreatorTV’s accounts
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— http://www.google.com/+timschmoyer
— http://www.facebook.com/timschmoyer
— http://twitter.com/timschmoyer
— http://instagram.com/timschmoyer
OTHER CHANNELS I’M A PART OF
ReelSEO: http://www.youtube.com/reelseo
Family Vlogs: http://www.youtube.com/schmovies
