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> I don’t think corporations should be allowed to stop doing business with, or refuse to do business with, anyone citizen, except after conviction in a court of
by DrillShopper 2y ago
> I don’t think corporations should be allowed to stop doing business with, or refuse to do business with, anyone citizen, except after conviction in a court of law for behavior directly related to that business.
I would quit contracting on the spot if that became the law.
Some clients deserve to be fired or avoided.
- efitz 2y agoDon't incorporate. Make an LLC.
- warkdarrior 2y agoLLC is a type of corporation. Google is an LLC for example.
- singleshot_ 2y agoAn LLC is absolutely not a form of corporation. Corporations and LLCs are both business entities, but are distinct from one another.
- DrillShopper 2y agoCan't you elect to have an LLC treated as a corporation for tax purposes, or am I mistaken?
- singleshot_ 2y agoAn LLC May be treated by election as a disregarded entity (p&l flows directly to your own person just like a sole proprietor), sub c (if you’re anticipating going public), sub s (if you’re not), sub k (good for capital intensive stuff where you can get loans that are no recourse to the partners) or other sections of the code (think 501(c)). LLCs are extraordinarily flexible from a taxation point of view, but without shareholders or a board of directors and lacking articles of incorporation, they are distinct from corporations.