Comment on Ask HN: Tax advice for independent contractorComments−bufferoverflow8yYou don't need to create a corporation, you can get paid via 1099.Incorporating makes sense when you start making multiple hundreds of thousands of dollars. Until then it would be a massive pain the accounting butt.−shliachtxOP8ySo an S Corp is too much bother? A friend of mine suggested looking at that.−jaxtellerSoA8yyou can get paid via 1099.This. I believe you need to file quarterly.−bufferoverflow8yYou need to pay estimated taxes quarterly, but file only once a year (correct me if I'm wrong).
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You don't need to create a corporation, you can get paid via 1099.
Incorporating makes sense when you start making multiple hundreds of thousands of dollars. Until then it would be a massive pain the accounting butt.
So an S Corp is too much bother? A friend of mine suggested looking at that.
This. I believe you need to file quarterly.
You need to pay estimated taxes quarterly, but file only once a year (correct me if I'm wrong).