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Posts by jadesailor14

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Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
An LLC can operate, generate revenue, and handle expenses without having a single employee on the payroll.
Is that clear enough for you? 😁
It’s just like what Banderas told you right away

The only thing I don't get is why you aren't looking to actually run a business instead of just burning through cash?
Where is that money coming from anyway?
Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
swiftscout8 said:That’s not what I was asking! My question was: can an LLC have a director who is actually employed by a different company? Basically, everything is paid up to the IRS properly, just not through the company where they serve as director. Also, does that company need to hire an additional employee to meet the one-person minimum requirement?

From what I can gather, the only way is to have at least one employee on the books. It's either you acting as the director or someone else. But how does that work with payroll taxes? Am I stuck paying contributions in two different places, similar to how it works for sole proprietors?

An LLC doesn't actually need to have any employees at all, which means you don't owe any payroll taxes or social security contributions from employment if no one is working there.

There was a brief window where the law required it, but that rule was scrapped.
That's why I pasted the info above—some people are still stuck living in the past!😉
Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
swiftscout8 said:What does that actually mean in plain English? This wording is super vague. What do they mean by "not conducting business"? Does that mean I can't have any activity at all on my bank account?

It’s not vague, it’s just formal legal speak!

If the company was basically dormant—meaning zero income coming in and absolutely no expenses going out, or no transactions hitting the bank account at all—then yes, that counts.
Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
cartmann said:I’m honestly stuck on how to react here! I have a feeling that if I ever end up facing a fine and decide to appeal, the court probably won't accept printouts of posts from this forum as actual evidence. 😉

Probably not 😉, unless the forum happens to be right 😁

The Companies Act amendments introduced a requirement for corporations to employ at least one board member and at least one full-time employee at every branch office. This mandate applied specifically to companies actively conducting business that were previously required to have at least one executive and one permanent staff member per branch before starting operations. If a corporation wasn't actually operating, this hiring rule didn't apply to them. On May 10, 2000, the Supreme Court of the United States held a session and issued a ruling to review whether the provisions in Articles 2, 7, and 8 of the Companies Act amendments were consistent with the Constitution of the United States, ultimately striking those specific provisions down. The Supreme Court also issued a decision rejecting proposals to challenge other parts of the Act. These decisions and rulings by the Supreme Court of the United States were published in the Federal Register, issue number 52, on May 23, 2000.

I really hope you all are happy & satisfied with this!
Medical diagnoses in Latin? in Health ·
fadedtrucker19 said:I honestly think you’re one of the only five people I know who actually bothers to read the instructions before using something.

Hey, I read them! I go through everything line by line, 😬
whether it's just out of pure curiosity or because my brain is wired a little weirdly—I just have this need to process every single word on the page,
no matter what it is.
I’ll probably end up reading the fine print on a roll of toilet paper if I have to! 🤣
Urgent help needed: genital injury/damage in Health ·
Someone might get a stomach ache from milk or dairy products

Personally, I’d be craving things like
steamed swiss chard and potatoes—no oil, just toss in a little garlic clove while it boils and then pull it out
you could do zucchini or young greens the exact same way
some boiled chicken
white fish on a grill pan
plain rice or pasta without any heavy spices or cream
or even some boiled carrots

And definitely skip the bouillon cubes or other seasoning mixes!
Just like you have the "Health" forum, there’s also the "Parents & Kids" section
within which you'll find the "pregnancy" subforum
It’ll actually be a much better fit for you since you'll find plenty of current, future, and former moms there!
You can't move the thread yourself, though—you just have to wait for the admin to go ahead and move it for you😁
Shadows... HELP! in Health ·
I'm positive it's got nothing to do with blood work
Mine look just like those tiny translucent guppies you see in a pet store aquarium 🤣
Shadows... HELP! in Health ·
brisknomad6 said:I call mine my little "lint ball"
I started calling it that because it looks just like those tiny bits of fuzz you find on a sweater...

Oh, a lint ball! You could probably grab some colorful socks to distract it😬
since there are more out during the summer than in the winter
. It’s actually pretty cute watching them scurry from one side of my vision to the other in little groups😁
. I can see them even without my glasses, but once I put my contacts in, they disappear
.
I guess you don't have much choice but to become best friends with them!
Heart issues and cardiac concerns in Health ·
🤔 Try to watch the salt intake and skip the fizzy stuff—even sparkling water
Something feels off with my new glasses... in Health ·
quiethound49 said:Can someone give me a quick rundown on what cylinders actually are?

Hey, check this out! http://www.mayoclinic.org/diseases/astigmatism/symptoms-causes/ds-20050867 It should help clear things up!
Something feels off with my new glasses... in Health ·
Kyle Nelson2 said:Yeah, I honestly feel like it might be an issue with my glasses...
could the shop that made them have messed up the prescription?

I've definitely run into two big issues when dealing with bad eyewear before:
1. The pupillary distance has to be spot on. If the optician misses the mark by even a millimeter, the whole pair is basically trash.
2. The PD measurement—if that’s off, you're stuck with useless glasses. Honestly, both the eye doctor and the technician can make that mistake.

Maybe try taking them to a different local optometrist just to double-check the work?
If the glasses themselves are fine, then it’s probably time to see a new eye doctor for a fresh exam!
Something feels off with my new glasses... in Health ·
brisknomad6 said:My advice? Double-check if your cylinder axis is actually correct
a) set properly
b) manufactured right

I once swapped out my glasses right in the middle of a workday after five years and just kept going without missing a beat... honestly, that's how it should be!

Cylinder prescriptions are super sensitive, so there’s a real chance they were off, which would totally mess with your perspective.

P.S. I've been wearing cylinder correction since I was a kid, so I definitely know what I'm talking about!🙂

Absolutely spot on.
In my 35-year career as a total night owl, I've definitely paid for a few bad pairs of glasses over the years.

When you have astigmatism, your lenses need to be crafted so perfectly that—as brisknomad6 mentioned—you don't even realize you've switched them.
I used to think (and people convinced me!) that you just needed time to adjust to the blur.
But after a friend suggested it, I went to see her eye doctor in 😍
I'd honestly drive from downtown Chicago all the way to a specialist in Indianapolis just to get the right pair, because I finally found a place that gets it right!
With their lenses, driving feels completely natural, whereas with my old ones, I wouldn't have dared.
I also dealt with this weird issue where my pupillary distance was measured at 65, but when they actually took their time to measure it properly, it turned out to be 62.
The difference in how things look through the lenses was like night and day!
Maybe you're dealing with something similar.
Looking for a specialist... in Health ·
Douglas King7 said:P.S. When exactly does that swap happen—like, what's the actual timeline for transferring the cards?

It’s been like this for years now, anytime you want!
Whenever you pick out a new one, just ask if they're down to take you on, and they handle the whole digital transfer in a flash.
You don't even have to see the old one!
Ozempic in Health ·
Hannah Davis18 said:They wear pads—a lady I know who used them told me she had constant oily leakage.

😱
I honestly didn't realize it could be that intense!
Ozempic in Health ·
We actually touched on this over on the weight loss thread
it’s meant for people who are carrying at least 70 pounds of extra weight
the real issue is that you end up becoming best friends with your bathroom because if you eat anything even slightly greasy, things get pretty unpredictable
even Roche admitted their product didn't quite hit the mark, which was a bummer since everyone's expectations were so high
Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
Shai Ulud said:Haha, so when a current company starts a subsidiary, does it happen "for free," or do you still have to deal with all those $6667 plus the notary fees?

You definitely need the startup capital set aside
plus the notary fees and all the other standard filing costs.
Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
dinamitd said:I wasn't trying to pressure anyone into buying! I just meant that once we settle on a price for, say, 100% of the LLC, I'm wondering how to transfer the cash to my personal account from the sale and if the IRS is going to come knocking for taxes.😕

You could always take the money in cash.
When paying an individual, the company would definitely have to look into the tax implications—I don't think there's a way around it, but who knows?
Starting an LLC: Where to begin? in Business, Accounting & Taxes ·
dinamitd said:How do I sell an LLC to another LLC? Do I need an appraisal from an independent evaluator, and if so, who handles that?
Also, does anyone pay taxes on this—the buyer or the seller—and what’s the percentage?

There aren't any specific taxes on the transaction itself,
but you really need to set a fair market price. If the IRS comes knocking because the price looks too high or too low, they might recalculate your corporate income tax and slap you with a penalty.
You don't strictly need a formal appraisal from an expert or a CPA; you can determine the value directly from the balance sheet. For a smart, experienced 😁 accountant, this shouldn't be much of a headache at all!
Of course, that's assuming we aren't talking about a massive conglomerate like Amazon or Walmart here!
Kimberly Davis52 said:From what I can gather, as long as there’s even a tiny chance an HIV-positive person could pass it on, that second person's right to know totally outweighs the patient's right to privacy.

Am I reading that wrong?

Totally agree with you!
That info needs to be shared—after that, whatever the patient, doctor, or partner decides to do is up to them...

Maybe I'm being too intense, or maybe I'm just a bit much,
but if there was even a microscopic, one-in-a-million chance my daughter could get infected during surgery, I would personally give that doctor a piece of my mind regarding "privacy."
Honestly, screw that, that's just how I feel!