I Have Side Income Or Consulting Work – Do I Need An LLC Or S-Corp? w. Evgeni Ivanov

In the beginning stages of starting up a side business or becoming a consultant, people generally don’t give too much thought to the structure of their business. However, as time goes on, it usually becomes apparent that there may be benefits to choosing a legal entity to increase your profits and decrease your risks. Evgeni Ivanov, Senior Manager for Wipfli LLP, joins the show today to share the different situations his clients have come to him with in regards to LLCs and S-Corps and how to decide what is the best direction for you.