Instructor and Independent Contractor, best way to reduce taxes?
healthcare instructor.
1 company w2 , other 1099. design coursework schools , 1099's them well.
did taxes year , surprisingly owe $5000 in taxes (income of $11,000 w2 , $24,000 1099-misc , $2500 1099-misc).
wanted know future dont have pay tax, should open sole sole proprietorship business? if so, how benefit me in terms of taxes? advantages , disadvantages this?
since instructor don't think have losses since receiving money self employment , not hiring employees.
have done research , found out how apply sole proprietorship in illinois.
can please give me detailed helpful advice?
i healthcare instructor. 1 company w2 , other 1099. design coursework schools , 1099's them well. did taxes year , surprisingly owe $5000 in taxes (income of $11,000 w2 , $24,000 1099-misc , $2500 1099-misc). i...
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