Do 1 Thing, LLC
It’s Thursday, which means it’s time to Do 1 Thing.
Team Billfold suggested that my 1 Thing for this week be “look into whether I should become an LLC or an S Corp,” and while “look in” is a pretty vague objective, I can definitely do something that fulfills those terms.
I think “emailing my CPA about whether I should become an LLC or an S Corp” is not the right 1 Thing for today, not when we’re in tax season crunch time.
I also think “re-reading that one Freelancers Union article about the benefits and drawbacks of incorporating” would be cheating.
Like many freelancers, you many have started out doing business “on the side” to either supplement the…www.freelancersunion.org
So here’s what I’ll do: I am going to be spending a lot of time on public transportation later this afternoon because I’m going to be moderating a few panels on writing and creativity at Norwescon this evening.
I will read three articles I’ve never read before on LLCs and S Corps.
I will also set myself a reminder to ask my CPA about LLCs and S Corps after tax season is over.
What about you?