The transition from working a normal job to becoming a full-time freelancer is always full of surprises.
Hiring professional tax-time help.
Honestly, I couldnt believe I was in an accountants office in the first place talk aboutadulting.
And now, she was suggesting another mysterious challenge: moving myfledgling freelance businessto the LLC level.
Should You Take Your Freelance Business to the LLC Level?
Whats the benefit of upgrading your freelance business to an LLC in the first place?
For one thing, it protects your personal assets in the event you run into any legal trouble.
Especially as a freelance writer, that can be an important consideration.
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Instead, Id hire myself through the business as an employee and pay regular income taxes.
All told, Im glad I made the decision.
Red tape is a real thing and it is, in fact, pretty annoying.
Thats the fun part.
Once Id secured the LLC itself, I still had to get legitimate with the city.
home office) was appropriate and that my business wouldnt be disruptive to my neighbors.
And to do all of this Id need to take myself, in person, to the courthouse.
It wasntthatbig of a deal, and most of it was only a one-time hassle.
But anyone whos ever waited through an interminable DMV line knows that government offices can be … frustrating.
(They were all deductible expenses, but still.)
It makes the money tree more complicated.
That is, I have to pay to get paid.
Timing is everything.
Of course, once the new year rolled around, other goals had my attention.
So I wont get a full year of licensing for what I paid.
Moral of the story:Things would have been a little smoother if Id done a bit more planning.
Is an LLC Right for Your Business?
Jamie Cattanach (@jamiecattanach) is a writer based in St. Augustine, Florida.
Shes written for Yahoo, SELF, The Establishment, Ms. Magazine, Roads & Kingdoms and other outlets.
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