Designer Handbag & Purse Chat.. The Bag Forum - View Single Post

CurlsGalore · May 15th, 2008, 08:16 PM

I had a 1099 job, and one of the benefits is that you can get a tax person (I have a CPA/CFA who is a friend, he would be happy to give you some tips and info about the way the taxes work if you want to email him) to take care of everything. Also, because you can write of everything as a contractor - your car maintenance and gas, car payment, public transportation, work clothes, manicures, pedicures, haircut, EVERYTHING you need to look professional. After all the write offs and deductions (oh, another good one is the business lunch...go out with a friend, tell her about your job, its a business lunch) I ended up paying no taxes at all. That year I also had a part time W2 job and got a refund. If you can figure out how to work the taxes with help from a tax pro and you like the job theres no reason not to take it. My mom didnt want me to take a 1099 job either because she had no idea how it worked and was worried I wouldnt be protected by the company, but once it was all explained she was on board. PM me if you want and I will give you Mikes email, he is AWESOME.

May 15th, 2008, 08:16 PM	#17 (permalink)
CurlsGalore That's What She Said Join Date: May 2008 Location: NJ, but pining for DC Posts: 356	Re: Help? I had a 1099 job, and one of the benefits is that you can get a tax person (I have a CPA/CFA who is a friend, he would be happy to give you some tips and info about the way the taxes work if you want to email him) to take care of everything. Also, because you can write of everything as a contractor - your car maintenance and gas, car payment, public transportation, work clothes, manicures, pedicures, haircut, EVERYTHING you need to look professional. After all the write offs and deductions (oh, another good one is the business lunch...go out with a friend, tell her about your job, its a business lunch) I ended up paying no taxes at all. That year I also had a part time W2 job and got a refund. If you can figure out how to work the taxes with help from a tax pro and you like the job theres no reason not to take it. My mom didnt want me to take a 1099 job either because she had no idea how it worked and was worried I wouldnt be protected by the company, but once it was all explained she was on board. PM me if you want and I will give you Mikes email, he is AWESOME.