Well more specifically we pay payroll tax twice - we pay the "employer" half and the "employee" halfhttps://twitter.com/realsesmith/status/819696480340492288 …
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Replying to @arthur_affect
When you're self-employed you wear both the "employer" and "employee" hat, with interesting/complicated legal consequences
2 replies 3 retweets 8 likes -
Replying to @arthur_affect
It's one reason it's helpful just for accounting to have an LLC that "pays you your salary"
2 replies 2 retweets 9 likes -
Replying to @arthur_affect
(Fun fact, some people think an LLC limits your liability if you get sued. If you are the LLC's only employee, it does no such thing at all)
6 replies 3 retweets 10 likes -
Replying to @arthur_affect
so I'd there a different structure you would suggest if you were the only employee?
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Replying to @SherrodHarris
long story short you can't protect yourself from getting sued for shit you, yourself, personally do
2 replies 0 retweets 1 like
if it's a big worry then the most important step would be to get liability insurance
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