Are you considering forming an LLC for your side hustle or freelance business? Research from Upwork says 59 million Americans have done some freelancing this year during the pandemic. Small Business Trends contacted Dustin Ray who leads business development and growth initiatives at Incfile. We wanted to find out why freelancers should consider forming an LLC. Ray started with an explanation of the […]
Should Freelancers Establish Themselves as an LLC?
How to Create an LLC
What’s the most common business filing in the United States for nearly 20 years? It’s the LLC, or Limited Liability Company. There are reasons for the popularity of LLCs. Here are three main reasons: Flexibility – There are options for how one is formed. There are options for setting up how it will be taxed. Protection – Another reason is […]
What is an LLC?
LLC stands for Limited Liability Company. Many business owners are drawn to forming an LLC because of that business entity’s most attractive feature: An LLC provides protection for the personal assets of owners and members. Is an LLC the right choice for your business? Let’s explore the business structure – its pros and cons – so you can decide. What […]