I truly aim to please you as a customer, but please keep in mind that I do not know what you already know or don't know, or with what you need help, unless you tell me. Please consider that I am answering the question or question that is posed in your posting based upon my reading of your post and sometimes misunderstandings can occur. If I did not answer the question you thought you were asking, please respond with the specific question you wanted answered.
If you did not get all of the information you may have wanted PLEASE USE THE REPLY TO EXPERT LINK IF YOU HAVE FOLLOW UP QUESTIONS AND NOT THE FEEDBACK BUTTON FOR BAD SERVICE. PLEASE CLICK ON “OK,” “GOOD” or “EXCELLENT” SERVICE. Kindly remember to ONLY rate my answer when you are fully satisfied. If you feel the need to rate anything less than OK, please stop and reply to me via the or REPLY TO EXPERT button with whatever issue or clarification you may need.
Also remember, sometimes the law does not support what we want it to support, but that is not the fault of the person answering the question, so please be courteous.
PLEASE NOTE WELL WE ARE DEALING WITH LAWS OF 50 STATES PLUS FEDERAL LAWS, AS WELL AS DEALING WITH OTHER CUSTOMERS, SO PLEASE BE PATIENT AND BE ASSURED YOU ARE NOT BEING IGNORED.
There can also be a delay of an hour or more in between my answers because I may be helping other customers or taking a break.
You can always request me through my profile at http://www.justanswer.com/law/expert-paulmjd/ or beginning your question with “For PaulMJD…”
Wouldn't the fact that I am writing off my home office in PA indicate that I am regularly doing business in PA, and thus require me to register as a foreign corporation?
Also, let's say I am set up as a Wyoming LLC... even though Wyoming has no state tax, wouldn't I still need to pay state tax, if I live in PA and get money from the LLC?
And would I be able to pay personal expenses out of my Wyoming LLC, and thus limit the net income that is taxed? (I understand this could put me at risk for piercing the corporate veil, thus negating the liability benefits of the LLC, but I am wondering about tax implications. I suspect that I would still pay taxes on the income of the LLC, and would not be able to write off expenses paid out of the LLC unless they were business related - but I wanted to get confirmation that this is correct thinking).
And if I sign a consulting agreement (NDA, or Non-Compete), and my name appears on the contract along with the name of my LLC, am I still shielded personally if someone comes after me for a violation of the agreement?
You would have to sign the contract "on behalf of LLC name" and do not sign personally, but most companies are sophisticated and would insist you sign both for the LLC and personally for an NDA or Non-Compete and even if you do not, they can argue as a sole member LLC you are still personally bound by the NDA as a member of the company and also by the non-compete. So the court will not let you avoid complying with these types of agreements as an LLC, this is what I said in the beginning you can still be personally liable for your personal acts and this is an example.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).