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Business & farm
Wow, this is awesome! Thank you so much for your help and for including additional resources for me to go through! 🙂 Yes, I believe my LLC is a disregarded entity and did not qualify to sort it as an S-corp since my business is not making any profits yet (I'm still applying to get hired by my first client so I have a long way to go lol.) My mentors told me that if it's not ideal to work as a sole proprietor if I want to work as a freelancer for the long haul so I went ahead and invested in establishing my LLC first before actually landing any clients. I'm the first in my family to go through the entrepreneurial route and it has been super overwhelming to say the least. But I'm super grateful for all the kind strangers on here providing me with great insight on how to properly file my own taxes.