Moving from freelancer to LLC requires more than just paperwork; it demands operational discipline.
An LLC only protects your assets if you strictly maintain corporate formalities and avoid personal intermingling.
Mixing personal and business expenses creates a legal loophole that can pierce your corporate veil.
Simply forming an LLC offers zero tax advantages compared to standard 1099 filing for many freelancers.
Setting an artificially low salary to avoid taxes will trigger immediate scrutiny from the IRS.
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