Hi,
I am possibly switching jobs from w2 to 1099.
Currently, the only benefits I take from current job is 401k match and vacation.
Is there a recommended w2 to 1099 calculator for estimating an hourly 1099 rate? I have used https://www.viewthenumbers.com/w2-vs-1099, wasnt sure if it was accurate or not?
The recruiting employee (a neighbor) created an llc/s Corp when he joined the company. Is there anything I should consider when setting that up? Is it expensive? Would I need business insurance? lawyer ?
The job is software development working with federal clients.
Thanks for any help.
I am possibly switching jobs from w2 to 1099.
Currently, the only benefits I take from current job is 401k match and vacation.
Is there a recommended w2 to 1099 calculator for estimating an hourly 1099 rate? I have used https://www.viewthenumbers.com/w2-vs-1099, wasnt sure if it was accurate or not?
The recruiting employee (a neighbor) created an llc/s Corp when he joined the company. Is there anything I should consider when setting that up? Is it expensive? Would I need business insurance? lawyer ?
The job is software development working with federal clients.
Thanks for any help.
Statistics: Posted by finfire — Sun May 05, 2024 3:04 pm — Replies 4 — Views 348