Question,
I own an LLC with 2 people listed with the filed paperwork through the SecState.
I am looking at new employment, and have historically always worked as FTE either via a W2 Agency, or MegaCorp.
Would it be advantageous for me to bill through the LLC vs say Sole Proprietorship if that was offered? Would it be adventageous to negotiate without the FTE salary if I could?
I could see some good tax decucions here if I started billing through an LLC, vs accepting FTE or Sole Proprietorship.
Curious what others in the IT contracting arena have done with success...
DH covers health costs. and I would presume if there's a company match 401k or profit share, obviously that would need to be factored in, but lets assume none of those existed and I was resp for my own IRA and taxes etc either by being a Sole Proprietorship or LLC.
Also, any recommendations on billing? is there a free online tool I could use for my LLC?
I own an LLC with 2 people listed with the filed paperwork through the SecState.
I am looking at new employment, and have historically always worked as FTE either via a W2 Agency, or MegaCorp.
Would it be advantageous for me to bill through the LLC vs say Sole Proprietorship if that was offered? Would it be adventageous to negotiate without the FTE salary if I could?
I could see some good tax decucions here if I started billing through an LLC, vs accepting FTE or Sole Proprietorship.
Curious what others in the IT contracting arena have done with success...
DH covers health costs. and I would presume if there's a company match 401k or profit share, obviously that would need to be factored in, but lets assume none of those existed and I was resp for my own IRA and taxes etc either by being a Sole Proprietorship or LLC.
Also, any recommendations on billing? is there a free online tool I could use for my LLC?