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ameesh

3 karma · joined March 5, 2016

my username at alum.mit.edu
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ameesh··on Ask HN: How do you manage your single-member LLC for consulting?
Interesting - my email is in my profile, send me a note
ameesh··on Ask HN: How do you manage your single-member LLC for consulting?
I should start by saying I created an LLC solely for my on-the-side consulting, both for the tax benefits and whatever "corporate veil" protections it would provide. I'm not planning on ever adding investors or partners. I really doubt I'd ever have employees either.

From what I've read, the paperwork burden is significantly higher with a corporation vs an LLC for (AFAIK) no added benefits in my situation.

Based on the many blogs advocating single-member consultancies to work under an S-Corp, I'd imagine there are many folks out there in an identical position. I was hoping someone had created a cookie-cutter solution for a reasonable price.

Shoot me an email if you'd like to discuss this in depth. I'm interested in easing this burden for others, if possible.