We have a slew of clients who are running a lifestyle business. They like to be known as solopreneurs, but with annual turnovers less than $ 50,000, creating a formal business enterprise is not in the cards- because the return on investment would be too low. (We do have a bunch who clearly want to have at least $ 50,000 BELOW the line- those clearly need more formal structures.)
Continue reading Gig Workers/Self-Employed/Disregarded LLC
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