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and then you are required to hold professional liability insurance which I have no idea what the school rate is

one-time filing fees alone are ~$50k

I have looked into this, it's annoyingly high Spooky Phijkchu Can we be a research institution? I want you to print me an accredited degree

maybe I will DL this

does this mean we get a new OST

wait actually

(also, that came out today for anyone who wants to play the VN)

based on Steins;Gate child gender lore

you strike me as a boy-dad

Can we be a research institution? I want you to print me an accredited degree

though "Cult Mother" is a better title

you are kind of the CEO of Phijkchu

and then people will tell you they also just want to be able to write "CEO" on their business card

other than taxes, it also is a privacy thing, gives you access to more healthcare options, and other business only services

(which is the same thing I yelled at Josh about for the record Pika, when he was last bitching about his stupid tax-lawyer meme)

turns out there was

when I actually paid 50% in taxes a couple years ago, that broke me and I was convinced there had to be something I was missing

I can lower my effective tax rate from ~50% to ~20%

oh, yeah it's 100% an American thing

and that's not a tax-shieldy state like Wyoming or Florida

Virginia had 150,000 personal LLCs registered last year

they are probably going to crack down on it, because it is getting silly at this point

I think you could come up with a long list of niche benefits, but imo the actual reason to do it is for tax benefits CEO of Phijkchu If your not starting an actual business why make an llc? (edited)

and idk if its worth it for you personally Kribbles, but every government contractor around here sets up their own LLC or S-Corp and then runs their employment through that I think basically everyone who is 1099-ing themselves is doing it now

ik that's not everyone you know

you're in academia though

it's actually a little higher, depending where you cut it off

No, AI tells me I'm right

maybe I'm completely wrong about it being 10%, that feels right just thinking bell curve

you should (probably) still do it, for the privacy and liability protections, but you're probably not paying too much attention to finances if you're in that group

are a group too

the people who have a house, and thats it

you aren't wrong Pika btw

which I think 100k is ~10% of the population

Net worth to me is investments + car + house

and that's before you play any tax shielding games

it protects your privacy and potential liability, for essentially zero cost

So, I'm not arguing out of my ass here, but most financial advisors (which I feel like most people talk to once they have 100k, maybe 250k is a more reasonable cutoff idk) now open by suggesting you set up an LLC, and have that own everything in your name

so not "most people"

now, 100k net worth is 10% of the population

appak

if you have more than a $100k net worth, you should be

It's the same thing people are doing now anyway, I feel like everyone earning above minimum wage sets up a personal LLC to manage their assets at this point, which tends to envelope their family anyway

is way more clear than tying it to marriage, a concept of religion for most people, and if not than at least a strong moral/social construct

the original gay marriage concession of any 2+ people being able to set up a "union" which bound them together and would provide them all joint legal right over their shared assets

I hate the 2000s era talking point, but honestly legal "marriage" makes no sense other than it being useful in divorce proceedings

because the push for legal marriage to be 1:1 religious marriage has broken the whole concept

and I think the gay marriage stuff set back polygamy irronically

Some eskimo tribe allows polygamy

but then I figured I'd need to specify what the other No was in reference to