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HELP ME! Need professional opinions ASAP by 10 AM!

The Sheriff

By The Sheriff
in USF South Florida Bulls Athletics

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usfgrad84 Toro Magnifico

usfgrad84

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Posted
Some advice from an accountant or ex-accountant. 1099 is not all it is cracked up to be. Make sure you pay in when you are supposed to and remember you have to pay both sides of SS and Medicare no matter what and 1099 deductions are some of the biggest red flags for audit. Get and use the services of a reputable CPA and an Attorney for all your dealings with the new Partnership. This small outlay of money will pay enormous dividends in the future. Many people including my self have thought they could research the info needed or get free advice and have paid a lot of money because of this. Good Luck.

Best advice I have seen on here.  Bottom line, protect yourself professionally and properly from the start.  Good luck.

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The Sheriff Toro Magnifico

The Sheriff

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Posted

The firm is an LLC.

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USFan Toro Magnifico

USFan

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Posted
The firm is an LLC.

Good... glad to hear.

Good luck!

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