The Banning Surveillance Advertising bill seems like an overreaching grab by the government for a monopoly on our data. Also what's the deal with solo LLCs?
A frequent freelance photographer of ours formed an LLC to get around Harvard's ridiculous contractor rules (basically that if someone on staff can technically do the job—regardless of bandwidth issues—you cannot hire someone as a contractor). This way, we can just pay his invoice without the HR rigamarole.
People just love forming LLCs when they start freelancing. Until they learn about the stupid annual franchise taxes and the like. Unless you're trying to save on FICA taxes with a lower salary and dividend it just doesn't make sense IMO.
A frequent freelance photographer of ours formed an LLC to get around Harvard's ridiculous contractor rules (basically that if someone on staff can technically do the job—regardless of bandwidth issues—you cannot hire someone as a contractor). This way, we can just pay his invoice without the HR rigamarole.
People just love forming LLCs when they start freelancing. Until they learn about the stupid annual franchise taxes and the like. Unless you're trying to save on FICA taxes with a lower salary and dividend it just doesn't make sense IMO.