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jobs-job.com
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Shoutout to @collective for this helpful tax deadline reminder! Running a business? These are the key deadlines you can’t afford to miss in early 2025: ✅ April 15 – File your tax return or an extension (payment still due). ✅ April 15 – Last day to contribute to your Traditional or Roth IRA for 2024. ✅ April 15 – Q1 estimated taxes due if you’re self-employed. ✅ April 30 – Form 941 (payroll taxes) due for Q1. ✅ September 15 – Extended deadline for S Corps & partnerships. Missing one of these coul
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Let’s clear this up once and for all. There are two different concepts people confuse all the time: 1️⃣ Sole Proprietor • No LLC • No legal separation between you and the business • You are personally liable for debts, lawsuits, and contracts • Income is reported directly on your personal return This is the default when you “just start a business” without forming anything. 2️⃣ Single-Member LLC (SMLLC) • A real legal entity formed with the state • One owner (you) • Provides liability protection
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