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A comment on Ask HN: Laid off folks, are you getting hired?. Parent comment

Re:Ask HN: Laid off folks, are you getting hired? by layoff_payoff on Thursday February 09, 2023 @07:15PM (#34733726)
2 reasons: the first is to show myself how I'm now "serious" about this; I've always have half-assed projects I mentally considered to be hobbies, but these experiments will be different. The second reason is related - I want to have a clear separation between my personal finances and the new venture in order to track my losses.

It is aspirational, but I needed to take the step for self-accountability and self-motivation

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Re:Ask HN: Laid off folks, are you getting hired? by sohnakukkar on Friday February 10, 2023 @08:43AM (#34739496)
What about taxes on LLC?
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Re:Ask HN: Laid off folks, are you getting hired? by layoff_payoff on Thursday February 23, 2023 @03:45PM (#34916223)
$300/year to the state of Delaware works out to less than a dollar a day. The LLC is a pass-through entity (single member), so federal taxes will be handled with my personal tax filing. The lack of profits keeps my bookkeeping and taxes simple, if/when it become profitable enough that income tax categorization becomes a disadvantage, well, that will be good problem to have.
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