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How to Avoid Paying Taxes as an Independent Contractor | Incite Tax
Manage episode 354410609 series 2937877
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How to Avoid Paying Taxes as an Independent Contractor?
An independent contractor is someone who has a 1099 income or self-employed income. This allows you to take advantage of the same tax code that large corporations, like Fortune 100 companies take.
To file your taxes, you first are going to have to determine how you've set up the entity structure for your income. We have lots of videos and information on the best way to figure that out, you can follow the link to our YouTube Channel below. Ultimately, you want to choose the right choice between Sole proprietor, LLC, S Corporation, or C Corporation partner. As an independent contractor, you're a business owner, and so you need one of those business structures.
Follow the link below for how to avoid paying taxes as an Independent Contractor:
John Briggs | Tax Genius
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