For those of you who make steady income as a writer, do you have a business?
Do you have an Employer ID Number (EIN)? A registered DBA? Do you have a business checking account that you funnel all your income and expenses through?
My head spins a bit with all the terms and options.
Until now, I've had all the 1099s sent to me as an individual. But now I'm wondering what the most tax efficient model is.
I'll be talking to an accountant soon, but I always like to research my options first.
Do you have an Employer ID Number (EIN)? A registered DBA? Do you have a business checking account that you funnel all your income and expenses through?
My head spins a bit with all the terms and options.
Until now, I've had all the 1099s sent to me as an individual. But now I'm wondering what the most tax efficient model is.
I'll be talking to an accountant soon, but I always like to research my options first.
Comment