Is it better to be 1099 or LLC for taxes? The real deal
Deciding whether it is better to be 1099 or llc for taxes usually happens right after you realize the government wants a massive chunk of your hard-earned freelancer money. It's that will "oh no" instant when you appear at your bank account plus realize that, in contrast to your old W-2 job, nobody continues to be taking out social security or Medicare for you. Today, you're on the hook for the whole thing. ...