> I'm going to start doing some contract work. I always hear > these jargon-filled statements about setting up some sort of > corporation or LLC or something, but I have no clue what that > all means yet. But I set up my own DNS and mail servers so > maybe this is for me. ;-) Where do you find the manpages > about this stuff? > > We discussed getting yourself an accountant, that much I did > find. Is that still good advice for part-time consulting > work? Will any old (or > young) accountant do, or do they have to specialize in self > employment stuff? >
Hans, For just a little contract work here and there it might be cheaper just to file as a sole-proprietor and file with your income taxes rather than filing as an LLC. Any Windows tax program (if you dare) will walk you through the steps of doing this. You will want to be very careful in writing your contract that you are not holding the responsibility in any way so they cannot take away your own property and money if they choose to do so however if you do file this way. Otherwise you and your family's money is liable and could be taken away in court should you be sued. If you can find a good friend very familiar with contract law and contracts you can probably have a good contract that does this for cheap (or free). Jesse .===================================. | This has been a P.L.U.G. mailing. | | Don't Fear the Penguin. | | IRC: #utah at irc.freenode.net | `==================================='
