Money & Legal Questions

For independent professionals deciding how to structure their business, the choice between an LLC and electing S corporation status affects taxes, liability protection, and administrative burden. LLCs are simple to set up and offer liability shielding with flexible taxation, while S‑Corp status can reduce self-employment taxes for higher earners but requires payroll, stricter recordkeeping, and...

What legitimate business interests are these clauses meant to protect, and how often are they actually enforceable? How do laws and court attitudes vary by state or country, and what red flags should job seekers watch for before signing? Are there reasonable negotiation options—like shorter durations, narrower scopes, buyouts, or added compensation—that make them fairer?

I’ve recently started a side business alongside my regular job, and I’m unsure about how this might affect my taxes. I want to ensure I stay compliant and optimize my earnings accordingly.

Many jurisdictions have different rules about whether independent contractor or gig income disqualifies you from benefits. How do part-time consulting, platform gigs, or one-off contracts affect eligibility and benefit amounts, and what must I report to avoid penalties? Any tips for documenting earnings, understanding partial-benefit calculations, or timing freelance work while claiming unemployment?

I recently started taking freelance projects and want to ensure my original work is legally protected. I’m curious about how copyright licenses work and whether I can apply them to my deliverables to prevent unauthorized use. What steps should I take to secure my rights effectively?

What legal, tax, and contractual steps should I take before offering crypto as a payment option to clients? I want to know best practices for invoicing, record-keeping for tax reporting, choosing a payment processor or self-custody, and whether I need to convert immediately to fiat to avoid volatility and compliance issues. Any pointers on clauses...

Freelancers often face complex tax regulations and audits. Please help

I have a US-based job and want to spend several months working from another country — is it possible to do this without creating tax, payroll withholding, or residency obligations for me or my employer? What paperwork, visas, or company approvals typically matter, and how can I avoid unexpected income tax, social security, or corporate...

Can you deduct coworking or shared-office membership fees on your tax return if you work remotely as a W-2 employee and pay out of pocket? How do rules change if you’re an independent contractor, if your employer reimburses you, or if the reimbursement is treated as taxable income? What kind of receipts or documentation are...

A solo business owner with rising revenue is weighing whether to pay a regular payroll salary or simply take owner’s draws/distributions. What are the pros and cons of each approach — covering tax treatment (including self-employment vs payroll taxes), retirement-plan contribution limits, access to employer benefits, legal and liability considerations, effects on personal cash flow,...