Deleted Comment
Dead Comment
Dead Comment
The fee isn't that much for California. I could see it as expensive if it was in a cheaper state. Also, if somebody is only making $20K annually running a cleaning service in California, they need to run it as a sole proprietorship, find another line of work, or move to a different state.
I made $15K in the late 1980s in California while living paycheck to paycheck. I don't see how anybody can live on $20K in 2021. This hypothetical person would make more money working at McDonald's.
The California state minimum wage is $13 for employers with 25 or less employees, $14 for employers with more than 25. A person would make more money working full time at a fast food establishment than running a cleaning service if their are making only $20K annually. You would have to go back several years when the minimum wage was less than $10.
I ran a consulting business for years as a sole proprietor. It is a viable operating entity, especially for one person. I also had a business liability policy, which you will also want as a single member LLC. It is actual quite easy to pierce the liability protection that an LLC offers, especially for single member companies because many people intermingle assets and debts, such as when personally guaranteeing a loan. If you injure somebody while on the job or engage in professional malpractice, the LLC shield won't protect you. And finally, fraud; if you are using the LLC as a buffer to commit illegal acts, a court will find the company is nothing more than your alter ego and hold you personally responsible.
If you are a software developer, run your business as a sole proprietor until you are ready to sell your product or hire employees, then convert the business to an LLC. You will still get the first year waiver.
The fee isn't that much for California. I could see it as expensive if it was in a cheaper state. Also, if somebody is only making $20K annually running a cleaning service in California, they need to run it as a sole proprietorship, find another line of work, or move to a different state.
I made $15K in the late 1980s in California while living paycheck to paycheck. I don't see how anybody can live on $20K in 2021. This hypothetical person would make more money working at McDonald's.
(But I agree with you, and would file an LLC in DE or elsewhere, unless I plan on raising funding in which case it wouldn’t be an LLC but a DE C-Corp)
For a California resident trying to escape the expense, you are going to spend more money by creating your LLC in another state.
This franchise tax is required by any type of business entity offering limited liability. Besides a limited liability company, this includes corporations, limited partnerships, and limited liability partnerships. You can avoid this fee if you have a sole proprietorship or general partnership. Additionally, non-profit corporations that have a tax-exemption from the IRS are also exempt from this fee.
Organic ensures that the soil where your food came from had no prohibited substances (most synthetic fertilizers and pesticides) applied for three years. Chances are, if you are buying food from supermarkets without the organic label, your food probably came from a farm that uses unhealthy synthetic fertilizers that may attribute to health issues later down the road.
Unless you know your restaurant is cooking with organic food, they are probably not so it is best to eat out sparingly and learn to cook with your own delicious food with your organic ingredients.
If you want to step up your game, you could also buy organic clothes (aka clothes that came from plants / animal) that came from soil without prohibited substances. Your body is covered most of the day so it's better to be on the healthier side.
Obviously, the label "organic" doesn't mean you are getting the best because there is still alot of room for improvement. Organic still allows some form of pesticides and fertilizers and has next to nothing about the organic matter in your soil (which determine how nutritious your food would be).
The article mentions regenerative organic certification, which addresses the shortcomings for organic labels. If we, as consumers, demand for the highest quality food, it turns out to be good for the soil and the long term health of the earth too!
Hands down, if you have a space for your own garden or even pots at home, you could easily grow food that are more nutritious than any food you can find in a grocery store. Optimize for organic matter in your soil. The higher the organic matter, the more nutritious your food is. Most of the agricultural soil that grows food has about 3-6% organic matter, you can easily get it above 10% at home. So if you have time on your hands, you should try growing the food you eat most regularly at home.
Organic is a scam for the natural is better crowd that occupies the human experience. A chemical is the same whether it is natural or synthetic. Plenty of natural substances are toxic. There is no difference in taste or nutrition between organic and non-organic, however GMO can be made more nutritious.
Even with a higher federal minimum wage, the problem of "The rent is too damn high!" would persist.