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I understand the idea of it...just disagree with the principle. Suppose a doctor's negligence causes a death. Nothing can be done, because he prudently "hid" all his assets. I believe the flaw is in the system.

I fail to see how I'm dodging bullets, Sean.

I have filed as sole-proprietor for the past 21 years. I'd have to do some digging to see if it would benefit me to go LLC or s corporation.

But either way, you are liable for a certain amount of taxes, eh? Maybe you sidestep the SE, but the corporation has to pay taxes doesn't it? As to s corp vs. c corp...I don't know the difference, and willingly confess to being ignorant of such matters. But your business is what it is...

How so, Willie?

It is sad that such as LLCs are deemed necessary. If you cause damage/bodily harm/etc, then you should be held liable and responsible for it. If not, then you should not. The fear of someone taking all you have is something America has allowed to creep in over the last several decades....a...