QUESTION
Opened LLC while on unemployment
Asked on Feb 26th, 2021 on Labor and Employment - New York
More details to this question:
Hi I opened and LLC in NY while on unemployment. Will the DOL know that I did this and can my benefits get canceled?
1 ANSWER
3 Awards
If you comply with the requirements of the DOL to receive benefits or unemployment support, the fact that you opened an LLC does not make you automatically ineligible. However, if you are doing business through the LLC and getting income, you may not be eligible anymore. It is uncertain if the DOL will know about your LLC, but once you complete your taxes your information will be accessible by different entities.
Answered on Mar 03rd, 2021 at 11:15 AM