Cassius Gonzalesa year agoHow Do I Break Out Finances And Pay Structure For A Two Person Podcast? Asking any small business owners for some advice on a step by step of how to go about this. I started a podcast with a friend and now that it's earning a considerable amount of money the assumption is that I need to register it as a business and then work out a payment structure for us? We're looking to reserve 30% for taxes overall and then the rest is a 50/50 split but the business would be in my name. How should I go about this? Register it as an LLC and then pay my cohost out as an employee? Like on a 1099 contract? Brand new to this so any help is appreciated!0690