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yassinator

posts: 3

Jan 20, 2009 11:49 PM ET Quote Report Abuse

Points: 0 Vote

Me: Sole Proprietor
Them: Corporation

If I have them write the check to me, is that acceptable? What forms or documentation do I need to provide them for their taxes or ...?

Thanks for you help.

WebJunky

posts: 549

Jan 21, 2009 9:07 AM ET Quote Report Abuse

Points: 0 Vote

sounds like they are hiring you for some work. they should be providing you with docs to fill out. you will get a 1099 at year end for tax reporting / filing purposes. get the check under your company`s name, not yours. keep it separate, clean..

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yassinator

posts: 3

Jan 21, 2009 9:24 PM ET Quote Report Abuse

Points: 0 Vote

Thanks for the response. So really I have nothing I need to provide them, just some forms they should have for me to fill out. Gotcha.

I have not filed my Fic Name statement yet, so was going to just have them write me the check to me now, figuring since I am a Sole Prop it should not matter.

WebJunky

posts: 549

Jan 22, 2009 5:01 PM ET Quote Report Abuse

Points: 0 Vote

i would form a company (maybe an LLC) to keep your personal assets safe in case of any liability claims/suits. check with a qualified CPA, attorney regarding this....

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The Extra Money Blog
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File an Airline Complaint - Sue the Airline
Dubai Information
Accounts Receivable Factoring
Structured Settlements
Raw Food for Dogs
Care of Bamboo Plants

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