week 2: BUSINESS STRUCTURE
& ENTITY BASICS
Entity 101 – What You’re Set Up As (and What It Means)
Week 2: Business Structure & Entity Basics
Get clarity on where you stand and what to focus on next
ESSENTIAL FOUNDATION STEPS
COMPLETE THESE CORE ITEMS TO MOVE FORWARD CONFIDENTLY INTO WEEK 3
Start Here Required 60 mins
WHAT WE’LL COVER
Review your assessment section by section
Identify your personalized bootcamp roadmap
Check your tax entity type
Answer any entity questions
Address your most pressing concerns
Set realistic goals for the next 9 weeks
Go Deeper & Get Extra Support
ADDITIONAL RESOURCES TO ACCELERATE YOUR PROGRESS AND PROVIDE PERSONALIZED GUIDANCE
Additional ResourcesOptional As needed
2025 Estimated Tax Deadlines
Quarterly estimated tax payment dates for individuals and businesses
Calendar for Employers and Filing
Payroll tax deposits, W-2s, 1099s, and employer filing requirements
Disregarded Entities (Personal Tax Return) Deadlines
Single-member LLCs, sole proprietorships, and other disregarded entities
Partnership Tax Return Deadlines
Form 1065, K-1s, partnership-specific filing requirements
S Corporation Tax Return Deadlines
Form 1120S, K-1s, S-Corp-specific filing and compliance dates
C Corporation Tax Return Deadlines
Form 1120, corporate estimated taxes, C-Corp compliance requirements
Tax Deadlines & Forms Reference
Comprehensive PDF guide with all deadlines and required forms
Before Week 3 starts:
Must Do:
- ☐ Run your S-Corp savings calculation using the examples provided
- ☐ Download and set up your tax filing calendar with deadlines
- ☐ Identify your biggest liability risks using the assessment
- ☐ Mark S-Corp election deadline (March 15th) on your calendar if applicable
Should Do:
- ☐ Schedule consultations with professionals if entity changes are needed
- ☐ Research your state's specific LLC costs and requirements
- ☐ Set up calendar reminders for S-Corp election deadlines
- ☐ Review the entity comparison chart for your revenue level
- ☐ Document your current entity's tax elections
Could Do:
- ☐ Start organizing your business formation documents
- ☐ Research reasonable salary ranges for your industry (for S-Corp planning)
- ☐ Create a timeline for any needed entity formation or changes
- ☐ Review your business insurance coverage for entity alignment
- ☐ Explore the enhanced business entity analyzer tool
Once you complete the entity optimization above, you’ll be ready to dive into banking setup, expense tracking, and financial organization systems.
WEEK 3 PREVIEW: BANKING & EXPENSE MANAGEMENT
WEEK 3 FOCUS AREAS
✓ Setting up proper business banking (separation from personal accounts)
✓ Choosing the right expense tracking system (app vs. spreadsheets vs. software)
✓ Automating transaction categorization and bank feeds
✓ Creating monthly financial review processes
✓ Building tax-ready expense documentation systems
Ready to Move to Week 3?
Complete all required tasks above to unlock Banking, Card, and Intro to Business Expenses
Progress: required tasks complete