William Seiter wrote:
> I just finished reading this article on the subject:
> http://www.asktheheadhunter.com/industryinsider6.htm
>  
> It is very interesting to read the benefits of a Consultant organization
> compared to a Headhunter, as well as how it works.

  I Read that and I'm still confused.
  For example, I've dealt with headhunter companies that removed my 
contact info from your resume so that they cannot be circumvented, with 
the employer contacting me directly.  I've worked with Headhunter 
companies that put my resume on their letterhead and my data into their 
"standard" template as to not give preference to one candidate over the 
other.

> I was wondering if anyone has any experiences with a good CF consultant
> company? Or if one even exists?

  Based on the explanation of what a consulting company is in that 
article, I know of none.
  But, I do know a lot of companies who have similarities to what is 
described.  Universal Mind and Webapper grew out of Allaire 
(Macromedia?) consulting.  I believe both operate like that article's 
description of a consulting company (w/ a mix of W2 and 1099 workers). 
I do not know how much work either of them does in on-site placement of 
resource.

> I was wondering if anyone has any advice
> on how to handle the 1099 situation.  I know that this means that all cash
> will be handed to me and I become directly responsible for all taxes, etc.
> Does anyone have any advice for a novice at this type of contract?  The
> consultant office offered a w2 situation, but since all they offered was tax
> withholding, no benes, I figured it would be more profitable for me to
> handle it.  Put aside taxes in the form of CDs or such and reap the interest
> gains for my own pocket.  

  You have to pay taxes on a quarterly basis, so I'm not sure if CDs 
will help.  Someone else mentioned you should touch base with an 
accountant in the area and I agree.  Also have a lawyer look over the 
1099 contract.
  Also remember, as a W2 the tax man takes out 1/3 of your paycheck 
(roughly).  Your employer pays an extra 7+% for social security.
  As a self employed individual, you get to pay both the 1/3 and the 7+5 
extra.  I generally budget (income-expenses)*40% for taxes.

> I am also interested in reducing my taxes.  I have had a side business of
> consultant work for a while, mainly in front of my computer doing the same
> development I was being paid fulltime to do.  Now that I would be traveling
> for 1099 status, doesn't that open up my tax deductions widely?  

  I don't think so it changes your ability to write-off things, although 
it sounds like you may have underplayed it previously.
  If you are commuting to and from a place of work that is not 
deductible.  If you are commuting to and from sales call or client 
meetings, then it might be.  You'd have to run that by your accountant.

-- 
Jeffry Houser
Flex, ColdFusion, AIR
AIM: Reboog711  | Phone: 1-203-379-0773
--
Adobe Community Expert 
<http://www.adobe.com/communities/experts/members/JeffryHouser.html>
My Company: <http://www.dot-com-it.com>
My Podcast: <http://www.theflexshow.com>
My Blog: <http://www.jeffryhouser.com>


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