First post here so thanks for any and all opinions/comments!Long story short, I have the opportunity to sell my home and buy an RV to go travel full time while working in a virtual job. Timeframe is within the next 4-8 months. My employer is very o...
valhalla360 wrote:Is your employer against you remaining an employee? That could simplify a lot of it unless you can legitimately claim a lot of expenses...be careful of the rules separating home and office.As mentioned, if there is negligible liabil...
NamMedevac 70 wrote:Although retired pilot I am also former Financial and Tax accountant that specialized in small business S corporations many years ago. The IRS rules governing S corporations often change and YOUR ACCOUNTANT should be current on a...
Dutch_12078 wrote:Would you be losing any employer paid benefits?I would lose health insurance so would have to go to open market to purchase that, though I rarely use it and have an HSA from previous employer with some decent funds available.
monkey44 wrote:YOU can become a 1099 subcontractor without the expense of S Corp ... The main reason for establishing an S Corp, or LLC would mostly be liability. They are similar, altho basically, an S Corp is a tax strategy, LLC also limits persona...
