Tuesday, August 24, 2021

The Authors Guild Answers: When Should Authors Create an LLC or S Corp?



Check out this FORMING AN ENTITY webinar recording on the Authors Guild site.

Here's the description:

Your writing career is a business, but is it beneficial to incorporate? Many authors are best served by operating as sole proprietorships, yet there are many circumstances that can make it advantageous to form an LLC or S corp. Entertainment lawyer Daniel Sheerin will join us to discuss the legal requirements and ramifications of forming an entity as an author, and we’ll hear about the potential tax benefits of doing so from accountant Robert Pesce, treasurer of the Authors Guild Foundation. Moderated by Erin Lowry. 

This webinar addresses questions such as:  

•At what income threshold is it worth it to form an entity?  

•How much more complicated will my taxes be?  

•Does incorporating protect me personally in the event of a lawsuit?  

•When is an LLC or S corp better for an author? 


Illustrate, Translate, and Write On,
Lee

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