3 posts shown.
Carol Price4 said:Wait—you mentioned an LLC earlier, but now you're talking about a sole proprietorship? What's the actual plan here? I was specifically answering questions regarding LLCs (and those single-member ones too).
I'm thinking about getting a taxi boat and ferrying tourists around during the peak season.
Carol Price4 said:You sure can! Since you've already got a job, you'd just act as the manager of your own company without being on its payroll. As long as you're working somewhere else, you won't have to worry about paying those extra payroll taxes.
So, what you're saying is I can just hang onto my current job and then, you know, kind of mess around with my side hustle whenever I have some downtime?
Hey everyone, I know I’m probably throwing this into a sea of a million similar questions—and honestly, I’ve scrolled through plenty of old threads on this—but most of what I see is years out of date. So, I was wondering if it’s actually okay to start an LLC that has absolutely nothing to do with my professional background, especially since I’m already working a full-time job in my specific field? Basically, can you go ahead and set up an LLC while you're still under an employment contract?
Thanks