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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed.

 
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Old 05-06-2004, 08:09 AM   #1
KMR Stitch
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I need a serious answer in this thread..What do you file as?

I know that most are 1099 contract employees

For Webmasters; Say I own a few domains. I Generate enough money that I do have to pay taxes

Should I go to a tax man and have him file me under a LLC/Corp?/Soleproprier?

I am buying lots of tangable items for my webmaster business. Computer systems/Parts/Travel expensies/ I have to pay people to do work for me...


How can I file this? What should I do?

Thanks,
KMR
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Old 05-06-2004, 08:11 AM   #2
stev0
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sole propriator would be the easiest way.... that's what i do.
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Old 05-06-2004, 08:11 AM   #3
BradM
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Go talk to an accountant.
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Old 05-06-2004, 08:13 AM   #4
NinjaSteve
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I think it's better to create an LLC. It'll make it easier to keep business things seperated from personal.
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Old 05-06-2004, 08:15 AM   #5
Basic_man
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Quote:
Originally posted by stev0
sole propriator would be the easiest way.... that's what i do.
Cool, thanks!
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Old 05-06-2004, 08:17 AM   #6
insanesurfer
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I file under corp tax. However you have to have the corperation set up already to do this here.
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Old 05-06-2004, 08:19 AM   #7
escorpio
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Quote:
Originally posted by BradM
Go talk to an accountant.
Best advice you're gonna get. If you think you MIGHT need an accountant but can do this yourself (with a little help from the experts on GFY) and save $$$, you need an accountant.
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