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fescuerescue

(4,475 posts)
6. Well in fairness, it doesn't work that way.
Wed May 9, 2018, 03:29 PM
May 2018

I'm a consultant. I have an LLC. Only one employee and that's me. I don't advertise, nor do I even have a website.

I however, have a contract with a large automotive company, and a multi-state hospital system. My revenues are in the same range as those in question between ATT and whats his name.

In my case, how did that happen? Through my personal network. People that knew me and knew people at these two companies connected us. US. Not the LLC.

When we negotiated my fees and agreed to move forward, I requested that they make payments to my LLC and use the taxid of my LLC...NOT me personally. Why? tax purposes and liability limitations (i.e. the L and L part of LLC)

This is a pretty common in the consulting world.

(Note: I do cyber security consulting. Not political nor legal stuff. but consulting, if its really consulting is usually done this way)

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