Information for all self-employeds -- independent, sole proprietor, 1099, sub-contractor, indie. Tax law and regulations have a profound impact on all of you. I am a practicing accountant. I post simple and easy-to-understand answers to complex tax questions asked by you -- my fellow indies. You will learn that tax savvy and recordkeeping know-how can save you time and money as well as lower your stress and anxiety level and help form the foundation of successful self-employment.
Tuesday, July 21, 2009
Do a lot of things? Put it all under one roof.
June --
I do several things for work. Right now, I'm calling myself a technology consultant, since that seems to be the broadest range...
I'm a Software Developer
I'm a Website Designer
I'm a Search Engine Management specialist (I do online marketing to find customers for your website)
I'm an author (LEGO Robotics currently, more robotics and educational aspects of that field soon).
I do reviews of User Interfaces (for software and websites) and Business Process Automation.
I think all of those can be lumped under the "technology consultant" aspect. Everything is technology based...
What do you think?
Eric
RLI Solutions http://rlisolutions.com/
Eric --
Technology Consultant is what you are. Technology Services are what you offer.
Good question. And for others with a similar question: Ask yourself if you could easily separate one thing that you do from another thing that you do. If not, then they are likely the same profession.
-- June
What about those who are serial entrepreneurs? Often they will dabble in various areas doing research into new businesses with the intent to make a profit, which may or may not pan out to a full fledgling venture. How can one take advantage of any tax rules such as market research, etc?
ReplyDeleteIf you are researching new businesses you must follow the regs for Start-up Costs.
ReplyDeleteFor more info take a look at my post on 3/1/07 "More about START-UP COSTS: The expense of checking out a new business."
-- June