Thread: Tax Question
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Old 10-01-2001, 10:29 AM  
Amputate Your Head
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Quote:
Originally posted by boneprone:
I do this full time, but wonder if it would be in my best intrest to incorporate?
I personally wouldn't worry about incorporating boneprone. I've been incorporated before, and it's more paperwork and hassle that it's worth for a small one man operation like you said you have there. I would recommend you maintain it as a sole proprietership, and even later on, if you take on additional manpower, you can always 1099 them at tax time. That's what I'm doing and it works out pretty well, because then they are responsible for their own taxes, insurance, etc... and you don't have to maintain all the insurances, like Workers Compensation and such.

Just my .02 cents worth. Good luck with your endeavor!

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