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-   -   I need a serious answer in this thread..What do you file as? (https://gfy.com/showthread.php?t=282601)

KMR Stitch 05-06-2004 08:09 AM

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

stev0 05-06-2004 08:11 AM

sole propriator would be the easiest way.... that's what i do.

BradM 05-06-2004 08:11 AM

Go talk to an accountant.

NinjaSteve 05-06-2004 08:13 AM

I think it's better to create an LLC. It'll make it easier to keep business things seperated from personal.

Basic_man 05-06-2004 08:15 AM

Quote:

Originally posted by stev0
sole propriator would be the easiest way.... that's what i do.
Cool, thanks!

insanesurfer 05-06-2004 08:17 AM

I file under corp tax. However you have to have the corperation set up already to do this here.

escorpio 05-06-2004 08:19 AM

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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