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comment by insomniasexx
insomniasexx  ·  3719 days ago  ·  link  ·    ·  parent  ·  post: The Unemployment Rate No Longer Matters

I was about to because my full time employer had me on a 1099. It was fine when I was making less than 6K a year doing odd jobs for them. Once it turned into full time - not so much. Right about the time I realized how fucked I was getting, they threw me a bone and put me on w2/salary with a nice raise. I still gotta pay ~10k in taxes from those months though - more than half of that is SS! Fuck it.





kleinbl00  ·  3719 days ago  ·  link  ·  

You still gotta pay SS but it's a lot easier to justify your expenses as an S-Corp. As a freelancer, you gots expenses. Capture that shit.