Vendors and customers (and even other businesses) sue for the weirdest and most insane things.
Years ago, a client threatened to sue me for invoicing her for work I did (yes really).
But…it could be anything…
Like alleged trademark violations. Or tax patent infringements—did you know you’re not allowed to use parts of the tax code because they’re patented by unscrupulous accountants and lawyers? And, if you try to employ “patented” tax strategies (which are really just sections of the IRS code which otherwise would be freely available for anyone to use), you can be sued by these law firms and accountants…
Or maybe… someone feels you wronged them in some trivial way and they want to make an example of you.
How do you protect yourself? Well, there are a few ways but most of them require extensive planning. Yeah…the good ‘ole corporation is one way…unless they pierce the veil due to you being a one man show or small enough that your personal assets are worth the effort.
…and then there’s a matter of money.
Planning costs money. Money you may not have. And yet, money you need. If you’re looking for a comparatively low(er) cost way to protect your assets while still accumulating cash money bling for your future, then sign up to my email list where I go into a lot more detail about all this. Specifically, 7 unbeatable advantages you can use right now when making financial decisions and a unique way to protect all your future income and savings, no matter what happens to the economy.