It is nerve-wracking to decide to quit your job. Change can be scary, especially if it is your livelihood. If you’re like most people, it’s the decision that you will ponder for months before making the leap. It’s a major decision to quit your job. Therefore, it is easy to lose yourself in your thoughts […]
Should I Form An LLC for My Freelancing Work?
Let’s review the pros, cons and financial advantages that come with forming an LLC in order to freelancing. It is possible for corporations to cost more than sole proprietorships or partnerships. However, they are not subject to the same tax and unemployment insurance as other entities. One thing you should remember when reading about corporations […]
Does Your Freelance Business Need An LLC?
Let’s examine the advantages, tax and financial implications of creating an LLC for freelancing. A corporation is more costly to manage than a partnership, sole proprietorship or LLC. This is because it does not have any members that are employees in tax, unemployment insurance, workers’ comp, or for other legal purposes. As you are reading […]