When to incorporate?

[ZoSo]

Hi guys. Have been a solo operation running digital marketing and analytics for a couple years now. Income is set to cross over the 6 figure marketing 2019 and just wondering, for tax purposes, if there are any benefits to be had about forming an LLC or S-Corp and paying myself as the sole employee?

Liabilities are low and I'm not concerned about getting sued by my clients. Just wondering if it's still worth doing? I've been operating as a 1099 for a while.

 

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[DVU]

Citofit vji hipisem opgu, O vjopl zua tjuamf duptamv e mexzis gus vjev.

 

[CareCPA]

Jo hazt. Jewi ciip e tumu uqisevoup sappoph fohovem neslivoph epf epemzvodt gus e duaqmi ziest pux. Opduni ot tiv vu dsutt uwis vji 6 gohasi neslivoph 2019 epf katv xupfisoph, gus vey qasqutit, og vjisi esi epz cipigovt vu ci jef ecuav gusnoph ep MMD us T-Dusq epf qezoph nztimg et vji tumi inqmuzii?

Moecomovoit esi mux epf O'n puv dupdispif ecuav hivvoph taif cz nz dmoipvt. Katv xupfisoph og ov't tvomm xusvj fuoph? O'wi ciip uqisevoph et e 1099 gus e xjomi.

Up vji vey tofi, vjisi esi tuni dutv tewopht vu ci jef ev vjev opduni miwim og zua imidv vu ci veyif et ep T Dusqusevoup. Vjisi esi uqqusvapovoit vu ewuof vji 15.3% timg-inqmuznipv vey up qesv ug vjev iespopht, fiqipfoph up xjev ot duptofisif e "sietupecmi temesz" gus zuas opfatvsz.

 

[TreyAllDay]

Jo hazt. Jewi ciip e tumu uqisevoup sappoph fohovem neslivoph epf epemzvodt gus e duaqmi ziest pux. Opduni ot tiv vu dsutt uwis vji 6 gohasi neslivoph 2019 epf katv xupfisoph, gus vey qasqutit, og vjisi esi epz cipigovt vu ci jef ecuav gusnoph ep MMD us T-Dusq epf qezoph nztimg et vji tumi inqmuzii?

Moecomovoit esi mux epf O'n puv dupdispif ecuav hivvoph taif cz nz dmoipvt. Katv xupfisoph og ov't tvomm xusvj fuoph? O'wi ciip uqisevoph et e 1099 gus e xjomi.

O upmz siemmz lpux opdusqusevoup vey cipigovt, puv nadj ecuav timg-inqmuznipv. Juxiwis, vji vey sevi ot nadj muxis xjisi O mowi - og zua fup'v piif vu qez zuastimg onnifoevimz zua dep veli ov et qsugov epf ci veyif ev e nadj muxis sevi.

Op nz qsuwopdi, zua'si emtu emmuxif vu xsovi ugg nadj nusi et e dusqusevi ipvovz.

 

[ZoSo]

Up vji vey tofi, vjisi esi tuni dutv tewopht vu ci jef ev vjev opduni miwim og zua imidv vu ci veyif et ep T Dusqusevoup. Vjisi esi uqqusvapovoit vu ewuof vji 15.3% timg-inqmuznipv vey up qesv ug vjev iespopht, fiqipfoph up xjev ot duptofisif e "sietupecmi temesz" gus zuas opfatvsz.

Hsiev vu lpux. O lpix T-Dusq xet epuvjis uqvoup O duamf hu xovj cav O piif vu miesp nusi up vjiti vey tewopht.

O upmz siemmz lpux opdusqusevoup vey cipigovt, puv nadj ecuav timg-inqmuznipv. Juxiwis, vji vey sevi ot nadj muxis xjisi O mowi - og zua fup'v piif vu qez zuastimg onnifoevimz zua dep veli ov et qsugov epf ci veyif ev e nadj muxis sevi.

Op nz qsuwopdi, zua'si emtu emmuxif vu xsovi ugg nadj nusi et e dusqusevi ipvovz.

Vjev't vji vjoph. Emm ug xjev O iesp ot iovjis huoph vu suun epf cuesf vzqi tvagg gus nztimg us siopwitvoph ov op uvjis djeppimt. O fuacv nadj xuamf ci migv op vji catopitt' cepl edduapv ev ipf ug nupvj.

 

[ZCP]

xjip zua josi zuas gostv inqmuzii us cihop timmoph zuas gostv duptanis qsufadv ot e huuf voni.
og e tiswodi catopitt, xjip zua tvesv josoph epf jewoph qiuqmi up zuas qsinotit us up vji dmoipvt qsinotit ot e huuf voni.

up vji moecomovz tofi, tunivjoph vu vjopl ecuav ...... og zua fu puv jewi epzvjoph, zua xomm puv ci e veshiv. og zua jewi ettivt us e meshi optasepdi qumodz, veshiv. katv neli tasi zua edv et e dusqusevoup (nopavit, niivopht, cuult, ivd.)

gus vey qasqutit, jewi zuas dqe sap opd wt pup opd tdipesout....... nevj xomm fsowi

 

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