I calculated my options as belows * Get a second client or W2 job of some kind. The problem is the second client is going to pay for the first client taxes on top of the new taxes for the second client. This is completely not worth it, and is a losing proposition, unless i can find a loss leader to offset the gains in profit. HOWEVER, the IRS recently decided to rescind startup capital rules so all those "deductions" no longer apply. On top of this, the fees for an LLC are rapidly becoming astronomical, to the point you pay MORE taxes for an LLC than you do the same, equivalent pay in W2 land. I calculated my flow rate to be profitable is simply way too high (it's over 100$/hr) to pay the taxes, fees, licensing, and still have money left over. * Give up the LLC and just do a W2 job. Suck up the government teat like a complete nigger and wait for the collapse. Focus on side projects and cash only projects that aren't taxable so i dont get sucked into this tax bullshit all the time. This is my preferred option at this point since it makes the most sense, and ive always been a fan of cash deferred payments or cash/favor equivalents. However, knowing the IRS, it wont be long until they find a way to tax this too. * Pull all my cash assets from 401Ks and savings accounts and starve the beast completely. At this point that money in a mutual fund is rapidly losing any purchasing power it could have had, so better off yanking it and doing something with it whilst I still can.