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Old January 14th, 2010, 01:02 AM
muzicman144 muzicman144 is offline
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Join Date: May 2003
Location: Richmond, Va
Posts: 329
Starting a KJ Bz

Quote:
Originally Posted by bryant View Post
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".
Bryan, i don't mean to undermine your advice, but, everyone i have ever known who started in this business has to put out a product that someone is willing to pay for. At this point, some require a 1099, some don't. It is foolish to go out an hire a tax accountant when you havn't even produced income.
My advice is to go out, sell your product, sign any forms needed, do your work, and at the end of the year, if you don't understand what you have done, then find the expert in the field you have questions about. If you are successful as a KJ, find the tax expert to help you, and if you aren't successful as a KJ, find an expert to sell your equipment. Never Never Never ask for a 1099.
Hope this advice helps
muzicman144
muzicman144
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