Questions tagged [consulting]
The consulting tag has no usage guidance.
25 questions
4
votes
2
answers
119
views
Accounting/legal service for small part-time consultant
I am starting part-time consulting in the U.S. on the side of my full-time job, mostly for fun (programming and web development). So far, I only completed one project and although I am marketing ...
0
votes
1
answer
147
views
How to handle taxes by using credit card app (Square)
My old workplace wanted to contract me in to help with some on going issues they had. They ended up having me sign up to square which is a credit card service that charges a small fee when you charge ...
1
vote
4
answers
628
views
Mother wants me to "be a consultant" for her as way to save on income tax
My mother is self-employed and I am currently unemployed.
She proposed an idea to me that I got a bit iffy about. She wants to pay me for "consulting services" -- this way she can essentially reduce ...
1
vote
1
answer
2k
views
Working options for a UK company from India?
I'm a Indian citizen. A UK based company has approached me to work for them. I have never worked for a company outside India and I do not have a work permit or VISA to work in UK.
Since they are ...
3
votes
4
answers
4k
views
Bonus check or 1099?
I work for a small sourcing company, salary. I am currently working full-time for their largest client, but have asked for extra hours on smaller clients if possible.
I was granted such and was given ...
1
vote
1
answer
93
views
Receipt of Funds from Outside of India via International bank transfer - Purpose of Remittance
If I am receiving money from international bank in my Indian bank account for my work done . I have to give explanation about the remittance. What is the minimum amount of receiving fund from foreign ...
2
votes
1
answer
82
views
Consultancy tax & VAT
I am an employee in the UK on a mid-income contract, and my income gets taxed through my employer's HR, without action needed from me. My contract allows me to do some bits of private consultancy, for ...
16
votes
7
answers
3k
views
In US, is it a good idea to hire a tax consultant for doing taxes?
I am going to start working in a software development company in Colorado, United States very soon. I am also single. The tax system here seems pretty complex to understand as well.
Do employees in ...
0
votes
1
answer
549
views
Being a consultant in the USA
I'm an Italian consultant in the IT field, and I'd like to know what are the differences between being a consultant or an employee in the USA in respect to the same differences in Italy.
I've already ...
4
votes
1
answer
131
views
Taxes and withholding on unpaid salary
I work as a consultant (1099) for a startup that has not paid my bills since June. Since I have not had any income I have not paid withholding since then.
How do I handle my US personal income taxes ...
1
vote
1
answer
210
views
Can forming an LLC be beneficial when earning foreign income?
I'm a full-time salaried employee in the US. I have the opportunity to do some freelance foreign work on the side while continuing to live in the US.
Would it be beneficial to register an LLC and ...
11
votes
2
answers
37k
views
Applicability of form W-8BEN-E / W-8BEN to an Indian citizen
I am an Indian citizen residing in India. I have started working as a consultant for a US-based company since June 2015. I have submitted my first invoice to the company (I will be getting paid in US$)...
4
votes
1
answer
2k
views
How to correctly deduct purchase of a laptop dedicated to my consulting work?
I was thinking about buying a laptop to use dedicated for consulting. Currently I've been using the same laptop that I do my personal stuff on for my consulting work but I'd like to have a separate ...
2
votes
1
answer
214
views
Tax implications of 1099 income across year boundary
I did some consulting work for a former employer during CY 2014. I did it in two batches (A and B, say), one in September and one in November. They were for separate sections of the company, so they ...
0
votes
1
answer
132
views
Do I have to work a certain amount of hours in order to get paid monthly?
I work as an office assistant and my pay has recently been changed to monthly. I only work 2 days a week now at 8 hours a day and I don't feel that is an adequate amount to receive just once a month. ...
3
votes
3
answers
4k
views
First time consultant, doubts on Taxation
I have seen various replies but I would just like to confirm about my case as its my first time. I have been offered a consultant position and the company said there is no tax deducted at source. So ...
1
vote
1
answer
3k
views
Can a 1099 consultant receive unemployment benefits (EDD) after termination from a separate full time job?
My wife, on occasion, is called upon to consult at a former employer, which had been after hours with-respect-to her normal 9 to 5 job. She was laid-off from her 9-5 job, however, she still gets ...
2
votes
1
answer
122
views
US based small business consulting in the Philippines tax help
I am a consultant working under my own S corporation based in the united states.
For my situation, I will be undertaking work in the Philippines to consult a client. This client who is based in the ...
3
votes
1
answer
243
views
Consult as an individual or as a company?
I work full time (so benefits, etc are covered), and recently have been offered a consulting position for a previous employer. I have read and fall within the acceptable guidelines of the Moonlighting ...
3
votes
1
answer
1k
views
Taxes and part-time consulting
I'm married and my wife and I work full-time. And I also started part-time consulting on the side (less than 10 hours per week or no hours during certain weeks). This is my first time doing consulting ...
32
votes
6
answers
45k
views
Why do consultants or contractors make more money than employees?
Why do consultants or contractors make more money than employees?
9
votes
1
answer
3k
views
What are the benefits and downsides to an LLC vs. Sole Proprietorship vs. Individiual?
As a followup to my previous question, what benefits are there for an LLC vs. a Sole Proprietorship? What are advantages and disadvantages to both and also vs. just being paid as a person?
14
votes
4
answers
3k
views
Offered a job: Should I go as consultant / independent contractor, or employee?
Two partners started a business, and it's grown pretty big (comparatively).
Now they've asked me to be the CTO, and I've determined it's a good position for me to take. I'll be getting 90% of my ...
32
votes
4
answers
19k
views
When should I start an LLC for my side work?
I am doing quite a bit of sidework this year and wondering at what point would it be a good idea to "start a business" and bill through that.
8
votes
2
answers
4k
views
What are the risks & rewards of being a self-employed independent contractor / consultant vs. being a permanent employee?
What are the risks & rewards of being a self-employed independent contractor / consultant vs. being a permanent employee?
Note: I am, in fact, a self-employed independent consultant, and I often ...