Product Overview
The all-in-one legal and tax resource every independent contractor and freelancer needsWhether you're starting a full-scale consulting business or booking jobs on the side, Working for Yourself provides all the legal and tax information you need in one place. This edition has been thoroughly updated to reflect changes to relevant laws, including updated information on Section 179 expensing and bonus depreciation, as well as a new section on tax credits for electric vehicles. Learn how to: decide the best form for your business (sole proprietor, LLC, or other)request payment in full and on timepay estimated taxes and avoid trouble with the IRStake advantage of all available tax deductions and credits, including the 20% pass-through tax deductionchoose health, property, and other kinds of insurancekeep accurate records in case you get audited, andwrite legally binding contracts and letter agreements.If you're tired of doing endless web searches for the information you need to start and run your business, this easy-to-use and authoritative resource is for you.