Michael H
Your friendly theATL.social sysop…and enthusiast of #urbanism, #biketrails, #tech, #gatech, and #Atlanta , Georgia 🇺🇸.
Trying my hand at creating a lil’ Mastodon site with a regional focus on my hometown.
All about the all’s y’alls, and always trying to abide no hatred. (h/t to the The Bitter Southerner)
More about me: https://mikeh.dev and 🏳️🌈
- 0 Posts
- 1 Comment
Joined 2 years ago
Cake day: November 22nd, 2022
You are not logged in. If you use a Fediverse account that is able to follow users, you can follow this user.
@bayport I’m not sure on what you are specifically asking - if you could clarify?
An LLC could sell or provide whatever it wants - the primarily legal requirement is that what’s being bought/sold is something legal, and from the IRS’s perspective, that the business is not a hobby and is profitable for at least 3 out of 5 tax years.
WIth this in mind, the LLC would provide a service, to which people may pay/contribute for that service to be generally available to them and others. (*edited)