Thread: Ug...taxes
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Old 01-11-2006, 09:25 AM  
JD
Too lazy to set a custom title
 
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Join Date: Sep 2003
Posts: 22,651
Quote:
Originally Posted by Raven
Companies are no longer required to send out 1099 forms.

It's up to us to keep records and report accordingly.

Incorporating, if you make enough per year, is really the best business move you can make. It's inexpensive and I recommend an 'S' corporation.

I do suggest getting a tax preparer....if he/she is efficient and good, one does not need a full blown CPA.

H & R Block are the worst.
what's the minimum to incorporate? What really sucks is if i make this a "business" I'll have to pay state taxes up the ass and federal taxes. Thus, only getting like half of the money earned lol
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