Global Feed Post Login
Replying to Avatar Jac

So the use case for your LLC is to appear to clients as a more trustworthy operator by being a company? Generally I think separating personal operations as much as possible from your company operations is always preferable, also keep the parts of a complex company separated from each other, there are many benefits to this, tax liability, legal liability mitigation. One LLC can mitigate the tax liability of another by “buying” materials from it, year to year it’s possible to never show any taxable profit as an operation.

Avatar
Laeserin 1y ago

Yeah, one of my employers had 4 different companies of varying types.

Reply to this note

Please Login to reply.

Discussion

No replies yet.