cm0002 @ cm0002 @lemmy.world

https://lemmy.world/post/29072279

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2 yr. ago

Actually, having an LLC appears to increase my ability to defend against it

the Act provides a mechanism for a communications provider to challenge the order if disclosing the data would risk violating foreign law. Under the CLOUD Act, the legal protection of an individual’s rights depends on the objection by a provider. There is no direct mechanism for individuals to challenge an order under the CLOUD Act. A court will consider a provider’s challenge of an order for disclosure of data data and review the request under a multi-factor “comity” analysis to assess foreign and other interests at stake. However, U.S. court can require production of that data despite the objection, even where the laws of another nation would be violated.

https://epic.org/the-cloud-act/

By running it under an LLC I actually have a lawful mechanism to pull, not fool proof or airtight obviously, but it's something I wouldn't have without the LLC

I think you might have been running those LLCs under false information, maybe someone told you that years ago or something.

The IRS can't "revoke" an LLC because an LLC is a state thing, only the state of incorporation can do that. The IRS really doesn't care if you intend to make a profit or intend to run a business, only that if you do, you pay taxes on it. An LLC isn't even required to file a return if they don't make a profit.

And in most cases, Single-member LLCs (which is what I'd be opening) are dealt with on personal taxes.

Now, there may be a state that has some weird rules on LLCs where they do need to have an intent to turn a profit out there (and maybe you opened an LLC in your home state that does have these weird rules), but not with any of the "common" states (e.g. Nevada, Wyoming, Delaware)

Though, I'd be happy to take a look at a link/source you have of something that is directly related to what I'm doing, but I've already done a fair amount of research into this and this is the first I'm hearing of requiring an intention of profit

But that doesn't say anything about LLCs needing to be run with intent for profit, it's just a list of factors the IRS put out to help people determine if what they're doing is considered an actual business or just a hobby. And not a single one said "opening an LLC".

Lots of people open LLCs for lots of reasons other than a business to make profit, because it's a cheap and easy way to get some liability protections

I pickup "downvote followers" from time to time because of what I say about .ml lol

Actually, neither is true, an LLC can in fact be run as a non-profit, what you're thinking of is going public. Then yea, you gotta start making line go up (or promise line will go up really soon) because once you go public then you have shareholders and a board to answer to

A plain private LLC though you can do what ever you want to with it (within legal reason ofc)

It's even theoretically possible to get 501(c)3 status on an LLC (though it's rather tedious and not guaranteed, so its almost always is spun off to another entity for that)

Nutomic is a transphobe, but the rest of the admin/mods I haven't noticed any issue on. And if that was the only reason to consider defederation, id be right there with you. But Nutomics bigoted stance is really just one of other major issues with .ml. here's a post I made a few days ago recaping those issues: https://lemmy.world/post/29072279

There are also plenty of other reasons to defed from them as well, I made a post here a few days ago recaping that as well as links to some documentation of it

Other reasons here as well to consider defederation

!linux@programming.dev is within striking distance of beating !linux@lemmy.ml in MAUs

Comm Subscriber count is misleading and can easily be full of dead accounts

There's plenty of other things the other admins and mods do that is worthy of consideration of defederation

It actually shouldn't be all that problematic, money I put into its business account, from say my paycheck, is not seen as revenue. As long as the maths maths (e.g. I put 1000$ into it for the year from my paycheck, spent 800$ in infrastructure and still have 200$ in the account = all good (hopefully))

That's more complicated and more costly, I'm still researching it, but so far from my current understanding when the time comes I should be able to either convert or "transfer" the LLC to a non-profit corporation later

I could still run it on servers outside of the US, and I might if I can find something that beats my current provider

Mostly for an additional degree or 2 of separation from me and maybe some liability protections. The US treats business better than humans after all lol any tax benefits would be a plus if it happens though

Lol I wish

These kinds of "who cares" comments are rather rude, I came across an article about Reddit and I posted it to the relevant comm.

Doesn't mean we're all spending every minute of everyday thinking about Reddit

Perfect eye bleach since I just came from the other post with....boiled....bacon....

The food gets a +10 buff if the kid has to stop doing their homework from the table on the corner to take your order and goes back to it after

It's not what they personally believe that most have issues with, it's how they leverage what's widely seen as the "official" developer instance. Whether they like it or not or what they say it is or not, it is recognized as such and as the "public face" it should be governed in an unbiased way, or all politics on it should be banished from it.

If they were running a personal instance for their personal politics that didn't have official Lemmy development and support comms, there would be a LOT more people donating for Lemmy's development

https://lemmy.world/post/29072279