Gary Capouch, a retired Washington banker, invested $175,000 in Par Three Financial Inc. in Nevada. He was convinced it was a good investment opportunity and he went back to Washington. He was unaware, but later regrettedly learned, that there was a loophole in Nevada law that had concealed the fact that the company was being […]
Author: JR Fent
LLCs For Freelancers? Here’s Why It Makes Sense
Let’s discuss the benefits and pros of an LLC formed for freelance work. All this makes it more expensive for a corporation to be run than a sole proprietorship partnership or LLC. Remember this: An LLC can provide the same benefits you receive from forming corporations as an LLC. You can also do it faster […]
3 Reasons Why Part-Time Freelancers Should Form An LLC
Let’s look at what the pros and cons are, as well as financial and tax advantages of setting up an LLC to do freelancing. This means that corporations can cost more to run than sole proprietorships, partnerships, and LLCs, as they do not have employees who could be taxed, unemployed insurance or any other legal […]
