What are the reasons to remain an Independent Contractor versus becoming an LLC.

Individuals may prefer to remain independent contractors rather than becoming an LLC for several reasons:

1. Simplicity: Being an Independent Contractor is straightforward and requires less administrative work compared to forming and maintaining an LLC. There's no need for formal business registration or ongoing compliance requirements.

2. Lower Costs: Operating as an Independent Contractor typically involves fewer expenses. Setting up and running an LLC may involve fees, such as filing costs and ongoing annual fees.

3. Immediate Start: Independent Contractors can start work immediately without the formalities of establishing a business entity. This can be advantageous for those who want to start earning income right away.

4. Limited Liability Acceptance: While forming an LLC provides personal liability protection, some individuals may be comfortable with the level of personal liability that comes with being an independent contractor, especially if their work involves low-risk activities.

In summary, staying as an Independent Contractor can be a preferred choice for those who value simplicity, lower costs, immediate entry into work, and acceptance of personal liability. It's important to assess personal and business needs when deciding between these options.