Freelancers Incorp?
Freelancers Incorp?
Out of context: Reply #5
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- woodyBatts0
my stepfather is an accountant and lawyer and explained it to me like this, stay unicorporated until you are fined for writing off what a company would right off, once you are approaching the amount of write offs for the fine ( 10 k , varying on state ), incorporate yourself.
Once incorporated you can recieve gov't compensation for things like a medical insurance for employees and such, you can also write off subcontractors.
That's what he told me.