25k now ??? Later

Out of context: Reply #37

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  • shellie0

    Careful with this one. Freelance means you're an "unsecured creditor" and the government can do nothing for you, unemployment or not, if they go belly up you wont have a leg to stand on. They'd be more inclined to pay the government any back taxes over you. you'd have to get in line w/ the rest of the unsecured creditors. That's a HUGE loophole a lot of people don't think about.

    That being said, I haven't been a salary employee for some time and wouldn't consider being one. But, you have to choose your clients carefully and they're throwing up some big red flags.

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