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Thinking of starting an LLC in 2025? 🚨 Avoid costly mistakes that could jeopardize your finances, legal protection, and business success! In this video, we cover the top LLC mistakes entrepreneurs make—and how you can steer clear of them. From choosing the wrong state for LLC formation to missing critical tax strategy opportunities, we'll show you how to save big on taxes, protect your personal assets, and set your business up for long-term wealth building. You'll learn why skipping an EIN, neglecting annual state filings, or mixing personal and business finances could lead to major headaches. Discover smart financial moves to reduce tax exposure, protect your business structure, and avoid government red flags. Whether you're new to entrepreneurship or restructuring your business, these business tips will empower you to make informed decisions. Ready to elevate your financial literacy and avoid common pitfalls? Work smarter, not harder, with actionable advice that ensures your LLC thrives. Don’t forget to like, subscribe, and hit the notification bell for more expert insights on tax deductions, wealth building, and business success. Let’s make 2025 the year you crush your entrepreneurial goals—start strong, stay compliant, and build your future! 💼✨ For tax help, visit https://kdainc.com #beststatetoformanllc #avoidpiercingthecorporateveil #howmuchdoesitcosttoformanllc #costofforminganllc #costofanllc CHAPTERS: 00:00 - Avoid These LLC Mistakes 01:18 - Choosing the Wrong State for LLC 02:26 - Not Getting an EIN for Your LLC 03:04 - No Operating Agreement for LLC 03:43 - Mixing Personal and Business Finances 04:14 - Ignoring Annual State Filings and Fees 04:45 - Choosing the Wrong Tax Classification for LLC 05:27 - Thinking an LLC is Set It and Forget It