Colorado LLC - Taxes

[@llcuniversity]

Hey folks, make sure to check the site for most up-to-date information: www.llcuniversity.com/colorado-llc/taxes/. Or select your state and start forming your LLC with our free guides: www.llcuniversity.com/

[@lawsonlena]

What this video is about: it explains to you, presumably a 5 year old viewer, how to look for a financial consultant to do your taxes. What this video is NOT about: how to do your taxes as an LLC in Colorado.

[@llcuniversity]

Hi Lena, thank you for your feedback. Sorry this video was a let down. You're right. It's a bit basic and not actionable, which is unlike our other step-by-step videos. It's challenging to cover taxation, since it occurs on three levels (federal, state, and local), and depending on who owns and LLC, an LLC (in some states) can be taxed up to 6 different ways. And that's just referring to income tax. There are numerous other taxes that apply to some businesses and don't apply to other based on industry and location. We will aim to make better tax videos as we continue. Thank you.

[@drewe9514]

@@llcuniversity Thanks for clearing up and saving a watch on this video. Love all of your other content.

[@llcuniversity]

@@drewe9514 - Thanks Drew! You're very welcome :)