07-28-2007, 01:43 PM
>>If she's doing more than about $30k/yr gross, she should consider a corporation and not a sole proprietorship. The tax savings will more than pay for a good accountant to do the work for you.
hm, can you explain how that works out? i was under the impression that corporate taxes + personal is greater than personal + self employment. maybe it depends when you live. i live in nyc.
hm, can you explain how that works out? i was under the impression that corporate taxes + personal is greater than personal + self employment. maybe it depends when you live. i live in nyc.