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DrMetal replied to the thread Forming a LLC for a 1099 job?.Yeah, I agree, thanks for the input. -
I have similar numbers more or less. I don't have an LLC or an S-Corp. I think it's a hassle. You might save a few grand in taxes...
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In the grand scheme, the cost of setting up an LLC is around $100 depending on the state, even if you made one, it's not a big deal...
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DrMetal replied to the thread Forming a LLC for a 1099 job?.Exactly. So the cost of setting up a LLC (probably) is not worth it. Better for a single member to just remain a sole proprietor, right?
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No benefit unless making enough to make s corp worth while. Then yes, it needs to be done. Otherwise, no real benefit
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A single member LLC is treated as a pass through entity from a tax standpoint so being an LLC vs. sole proprietor is irrelevant from a...
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DrMetal replied to the thread Forming a LLC for a 1099 job?.So, let say you have your main job (W2 ~$350K/yr). Let's say your 1099 side hustle is good for $250/yr. (So your total income would...
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Maxing out TSP in the military means about $20K per year. The lack of a significant employer contribution is a killer. Maxing it out...
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DrMetal replied to the thread Question on HPSP.That's b/c they're stupid. Doctors tend to be very stupid people, look how we learn. A long time ago, I made it a rule to avoid...
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I know people who did USU/HPSP who are in financial ruin and those who are civilian primary care docs who have well-eclipsed my own...
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Ah I still disagree on this. Money is useless if you don’t have the lifestyle and perspective to be able to use it wisely. USUHS is an...
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DrMetal replied to the thread Advice for US DO with Heme Onc Interest.First, be a good resident. Be punctual, well-read, work hard, be polite, don't drink and drive, mind your genitals, don't pick fights...
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DrMetal replied to the thread I'm quitting residency - any legal/logistical issues I need to worry about?.Your point is taken. I don't mean to say specifically there's a psych diagnosis there, maybe I used the wrong vernacular. What I meant...
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DrMetal replied to the thread I'm quitting residency - any legal/logistical issues I need to worry about?.It is. There's no such thing as CFS, IBS, Fibromyalgia, long COVID. These are all made up diagnoses or syndromes, that we made up b/c...
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DrMetal replied to the thread HPSP For Competitive Specialities.Well, that was easy.
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