okay so to eliminate the risk of J1 b...
okay so to eliminate the risk of J1 being contacted and losing it in the future. I was thinking of doing the following plan:
1) Open up an LLC (or should it be an s corp?)
2) List all of J1's work onto that LLC/Corp
3) Use manager references from previous jobs with no ties to J1
Does that sound good?
My only concern is will I actually get any job hits like that? I feel like the corp method is gamey and that most companies will immediately pass it up
9 Replies
adverse-sapphire•4mo ago
It works fine if you can list jobs prior to J1.
generous-apricot•4mo ago
yeah I have a ton of work experience before J1, I would lose only like 2-3 years out of a 10 year career
adverse-sapphire•4mo ago
Probably no loss then.
generous-apricot•4mo ago
perfect, thanks
adverse-sapphire•4mo ago
Would they not be able to see how old the LLC is? Or companies don't typically look into it
adverse-sapphire•4mo ago
I don't think anyone cares if the LLC is old vs new.
xenial-black•4mo ago
LLC is what you create, then you select the s-corp tax designation, which comes with some stipulations
optimistic-gold•4mo ago
It will weaken your resume a little but if you are strong anyway from all your years of prior experience you can overcome it.
continuing-cyan•4mo ago
fwiw I'd skip the S-Corp until you know you're going pro, you must mandatorily file quaterly 941s w/ the federal government if you go S-Corp, and you can't stop that unless you decertify later, seems like a pain in the ass
You can always elect S-Corp the following tax year if you decide this is how you want to go