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I would appreciate any Freeper help possible. Thank you!!
1 posted on 08/18/2022 12:16:21 PM PDT by Eccl 10:2
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To: Eccl 10:2

Get one of those armed IRS jobs while working undercover for Project Veritas....


48 posted on 08/18/2022 1:28:34 PM PDT by Manic_Episode (A government of the government, by the government, for the government)
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To: Eccl 10:2

You’ll need a good accountant.


51 posted on 08/18/2022 2:34:01 PM PDT by Larry Lucido (Donate! Don't just post clickbait!)
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To: Eccl 10:2

Consider doing it under your social security number. Your client can provide a 1099. If you are 1099’d, remember that you are liable for both sides of your social security and medicare and for your federal withholding.
you have mail


52 posted on 08/18/2022 2:38:44 PM PDT by SisterK (the final variant is communism)
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To: Eccl 10:2

If you are providing accounting advice or services for compensation to anyone other than your employer, then you probably need to be licensed as a certified public accountant. If you are only providing bookkeeping services, then probably not. If you are providing CPA services, then you would probably form a subchapter S professional corporation (PC) or professional limited liability company (PLLC). I say “probably” because I don’t know the specific laws in NC, but most states allow PC and PLLC business formations, all states require CPAs to be licensed, and some states require non-employee bookkeepers to be licensed.


53 posted on 08/18/2022 3:05:28 PM PDT by Labyrinthos
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To: Eccl 10:2

Tell your father to become a democrat and get elected President.
Then you can make any business you want and will make millions.


54 posted on 08/18/2022 3:25:31 PM PDT by oldbill
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To: Eccl 10:2

Not legal advice, not an attorney... but if you’re not needing liablity protection, you just keep track of expenses and income and file taxes on a Schedule C as a sole proprietor. For example, I do printing brokering and have no overhead to speak of.... the factory invoices me, I invoice my customer, and on the Schedule C it is basically just showing the net profit. If I were to advertise or get business cards printed for myself, for example, those would be listed as marketing expenses and deducted from the profit. But if you do need a little separation/liability protection so nobody can come after your assets, you should set up an entity. An LLC can also file taxes on Schedule C, and you can do that under your SSN or get a FEIN. When you incorporate, that’s a whole different level of reporting and tracking, and for that I say have an attorney help you.


55 posted on 08/18/2022 3:29:45 PM PDT by SovereignJ (simple biz setup)
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To: Eccl 10:2

S Corp or LLC. I went with S Corp.


61 posted on 08/19/2022 7:09:49 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Eccl 10:2

Do not work for a democrat you will be the fall guy.


62 posted on 08/19/2022 8:44:11 AM PDT by Vaduz ( )
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