Quote:
Originally Posted by trelynda
Hi there,
I currently host karaoke for various bars that have their own equipment and I am paid as a contractor and getting a 1099 at the end of the year. If I want to branch out on my own and offer my services to various bars, how is the best way to set this up tax wise?
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Hire a tax accountant and they can do that for you quite well. Those that do not give out "1099's" are still subjected to tax but is income that you report yourself.
People that don't report this tend to call it "working under the table".