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www.hellobonsai.com | ||
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www.successfulindependentconsulting.com
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| | | | | As an independent consultant, does it matter how I get paid?" Absolutely!In the U.S., being paid on a 1099 tax basis as a business instead of on a W-2 tax basis like a temp worker makes a huge difference to your profitability for two key reasons: 1. You pay less tax. 2. You save more for retirement. Here's how I figured this out. Several years ago, as an independent consultant I did my taxes two ways using TurboTax® software. The first used my legitimate tax return that showed I was paid on a 1099 basis. In other words, I had received 1099 tax statements from my clients for that tax year; I did not have any W-2 tax statements. On this tax return, I took standard business deductions (for example, for my home office, supplies, and mileage), and I factored in m... | |
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www.invoicera.com
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| | | | | Simplify finances with top cash management software - automate payments, track expenses, and gain real-time visibility. | |
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www.getpicksneaker.com
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thereformedbroker.com
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| | | The active versus passive investing debate is more than just conversation. It represents real people's livelihoods. | ||
