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lemmyman

lemmyman@lemmy.world
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Yes there is a difference, but LLC is a legal concept, not a tax one. The IRS taxes sole proprietors the same whether or not they have an LLC.

Tax entities include sole proprietorship (default), partnerships, s corps, c corps. Any of those can be LLCs, but they don’t have to.

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Profitability is just a proxy for whether someone is legitimately running a business, or just trying to save money on their hobby. Businesses can deduct expenses, hobbies cannot.

So if you are running an etsy store or an engineering company and buy a 3d printer to make parts, the cost of that 3d printer is subtracted from revenue for tax purposes. If your “business” is actually a hobby, it’s not legally a business expense and therefore it’s not deductible

(In the USA)

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Now I have a virus :(

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On the other hand, if it had been two women who had both agreed that the one cup was the worst ever, it would have been a sure thing.

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From the article:

Conscientiousness, one of the Big Five personality traits, is defined as a tendency to control one’s impulses, be persistent, act dutifully, and live up to one’s obligations to others.

Conscientiousness has been linked to a variety of positive traits and behaviors, such as responsibility, dependability, hard work, goal orientation, self-control, and leadership. Some conscientious people, however, happen to be dogmatic, inflexible, unquestioningly obedient, and intolerant of uncertainty (i.e., they tend to see things in black-and-white).

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How many times did you reboot it?

Three, you always tell me to do three

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Nah, I was born in 1987, and 2012 is definitely when it went to shit with the “tea party”

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Well I wasn’t conscripted to be on his detail (and neither were you) so i guess they didn’t do all they could

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