Your Business Set Up - Corporation? Partnership? LLC? Individual?

Wenchy · 2005-01-17, 08:06 PM

Cripes!! I've been self-employed for many years now (almost 10 I think) and, because of the nature of my day job, never really gave much thought to setting up a "formal" business.

I subcontract in the medical field, get two checks a month from the same company, and have always done my own taxes without a problem.

Hmmm... maybe it's time to reconsider my position and think about getting an accountant for both sides of my personality |bat|

Also, my son will be 16 this year, which means in two years I lose all of my nifty "built-in" deductions and I'd really rather not have to deal with that crap by myself if I don't have to... and I don't have to!

Thanks for the thread, Greenie... really got me thinking in the right direction!

View Poll Results: How is your business set up?
Individual / Sole Proprietor	11	36.67%
Corporation	11	36.67%
Partnership	2	6.67%
LLC	2	6.67%
NA - I don't file taxes	4	13.33%
Voters: 30. You may not vote on this poll

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2005-01-17, 08:06 PM	#1
Wenchy Trying is the first step towards failure Join Date: Jan 2005 Location: Mile High City Posts: 120	Cripes!! I've been self-employed for many years now (almost 10 I think) and, because of the nature of my day job, never really gave much thought to setting up a "formal" business. I subcontract in the medical field, get two checks a month from the same company, and have always done my own taxes without a problem. Hmmm... maybe it's time to reconsider my position and think about getting an accountant for both sides of my personality \|bat\| Also, my son will be 16 this year, which means in two years I lose all of my nifty "built-in" deductions and I'd really rather not have to deal with that crap by myself if I don't have to... and I don't have to! Thanks for the thread, Greenie... really got me thinking in the right direction!