Dynamic Marketing Enterprise

I would guess that I will establish myself as a contractor. Any advice on how do I proceed?

You are correct, you are now self-employed as a contractor. You need to start making estimated payment and closely tracking expenses related to doing your job because those are deductible against the income you earn doing the job.

Here are a couple of articles that explain contracting pretty well:

http://taxipay.blogspot.com/2008/03/w2-or-1099-employee-or-independent.html

http://www.irs.gov/businesses/small/article/0,,id=115041,00.html

http://www.irs.gov/businesses/small/article/0,,id=98846,00.html

Technorati Tags: company, contracting, contractor, home, i will be working from home for a uk company they will not be witholding taxes what do i need to do, job, tracking expenses, uk company, witholding taxes, working from home

Tags: company, contracting, contractor, home, i will be working from home for a uk company they will not be witholding taxes what do i need to do, job, tracking expenses, uk company, witholding taxes, working from home

This entry was posted on Thursday, December 17th, 2009 at 4:27 pm and is filed under General Business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.