OT- Contractor

[ted leslie]

Not to mention you don't need EaO insurance as much, which is a 8k$ savings, if you incorporate.
Its suicide to do consulting and not be incorporated. Fortunately it only cost 300$ or so, and
as a computer person you are already blessed with professional accounting ability in your genes :)

tl

On Mon, 21 Jun 2010 15:20:27 -0400
Stephen <stephen-d-bJEeYj9oJeDQT0dZR+AlfA at public.gmane.org> wrote:

> D. Hugh Redelmeier wrote:
> > It would be great to hear from folks with experience whether a
> > corporate entity matters for their consulting work.
> >
> >   
> It is essential if working in the US, which I do if necessary.
> 
> But there is a huge tax advantage to being incorporated.
> 
> Let the corporation pay taxes at a rate under 20%.
> 
> Then pay yourself dividends. You can get up to about $38,000 in 
> dividends without paying any personal tax.
> 
> Stephen
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-- 
ted leslie <tleslie-RBVUpeUoHUc at public.gmane.org>
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