Practice of the Practice podcast with Joe Sanok
If you are in private practice and are under the $60 000 mark, this podcast series is for you! Joe is going back to the basics and running through the various phases involved in setting up a practice that is going to thrive! In this episode, Joe speaks about the legal structure within private practice.
Different Types of Legal Structures
Every state has different laws around these, so chat to a state-specific attorney.
- Professional Limited Liability Company
- You’re an employee of the company
- Filing taxes
- Only makes sense if you’re in the $80k-$100k range
Automate your books by using a software program like QuickBooks. Visit www.practiceofthepractice.com/quickbooks.