Q: Should I make an LLC and get paid through that, or just receive a W-2 like every other employee?
My new employer (there's only 2 of us in the company so far) has suggested I form an LLC so he can pay me through that instead of giving me a check each pay day like a normal employee would. He says the point of doing it this way is so I'll be taxed less and get to keep more of my money. However, is this legal to do? Even if it will save me money come tax season, it's not worth it if I could be operating in the grey area of the law. And if it's not illegal, is it better than just getting a check and W-2?
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