Tax & Business Focus: Unpacking the Decision to Become an LLC as a Freelance Interpreter

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This workshop will reveal the answers to the most common questions interpreters ask about LLCs, including: Do I need an LLC? How do I form an LLC? What is liability insurance? Does an LLC provide tax savings? What is an EIN? How are sole proprietorships and S Corps different? In addition, we will examine several real-life scenarios to help interpreters evaluate whether an LLC is right for them.

Course Content

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Module 1: Opening and LLC Basics 1 Topic | 4 Quizzes

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Lesson Content

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Module 1: Opening and LLC Basics

Part 1.1: Opening and LLC Basics

Part 1.2: Opening and LLC Basics Quiz

Part 1.3: Opening and LLC Basics Trivia Review

Part 1.4: Beneficial Ownership Information Report

Module 2: Tax Implications of an LLC 1 Topic | 4 Quizzes

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Module 2: Tax Implications of an LLC

Part 2.1: Tax Implications of an LLC

Part 2.2: Tax Implications of an LLC Quiz

Part 2.3: Tax Implications of an LLC Trivia Review

Part 2.4: Activity

Module 3: Alternatives (without an LLC) 1 Topic | 3 Quizzes

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Module 3: Alternatives (without an LLC)

Part 3.1: Alternatives (without an LLC)

Part 3.1: Alternatives (without an LLC) Quiz

Part 3.2: Alternatives (without an LLC) Trivia Review

Module 4: Example Scenarios & Wrap-up 1 Topic | 1 Quiz

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Module 4: Example Scenarios & Wrap-up

Part 4.1: Example Scenarios & Wrap-up

Course Assessment