Is there a comprehensive FAQ for being a 1099 Independent Contractor?
Discussion in 'Questions From New Drivers' started by VIDEODROME, Jul 9, 2016.
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Well, I just sat down with an accountant and the job situation I'm interested in is fine in his opinion.
I had heard from some people that Expediters sometimes just pay annually and he said I should not do that; I should pay quarterly, so I'm glad to have that issue settled. So I'll just follow some guidelines he gave me to make sure I set aside enough money for taxes, then sit down with him in early September with my records and receipts to verify everything and pay my #### taxes.
Other Friends and Family had suggested I need to form a LLC, but the accountant felt that was unnecessary as I'm fine just being a Sole Proprietor. I might consider changing that if for some reason I 'grow' as a business. -
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