lmao took my idea from the discord, nice one faggot
Start an LLC for a Chainlink node business?
Brandon Baker
Christopher Cox
Only a Delaware Corp can protect your identity.
Wyatt Anderson
How much Link for one node?
David King
You can also use LLCs to hide your ownership. I think Wyoming let's you make an LLC without having your personal information be public.
Personally,I grabbed some domains and may start an LLC to run nodes or a node as a service system, but I don't want anything crypto-related associated with my name because I don't want to come home to some guy with a gun who wants my crypto.
I firmly believe that being publicly associated with crypto makes you a target.
Merely having LLCs own all your significant things is not enough, though. Especially since in most states, you have to publicly associate yourself with your LLC.
Read jj Luna's how to be invisible for more.
Nathaniel Cox
False
I think even New Mexico LLCs used to be the best but they might be changing then to require public identity so Wyoming is likely the best right now.
Christian Powell
If I am getting paid in LINK with LINK node, will that count as income or investment?
But the government has no way to track my node reward if I don't disclose it, right?
Nicholas Lopez
>Read jj Luna's how to be invisible for more.
Note that the book is still recommending new Mexico LLCs but the author wrote on his website that he no longer recommends them and now just recommends Wyoming ones
Brayden Thompson
>LINKlet
define linklet
Easton Gutierrez
I can't keep up with it all... once upon a time, the information I was reading only named Delaware specifically.
Jaxon Gray
Yes that is correct. You can probably withold like 15-20% of each amount you make to be safe.
Likely have to remit quarterly too.
Would be able to estimate how much to withhold as it becomes clear how much you would be making for the year.