http://steveeller.com/2008/02/22/tax-time/ My Faith, My Family, My Life Thu, 20 Nov 2008 09:19:05 +0000 http://wordpress.org/?v=2.6.2 http://steveeller.com/2008/02/22/tax-time/#comment-537 Steve Eller Mon, 25 Feb 2008 16:24:44 +0000 http://steveeller.com/2008/02/22/tax-time/#comment-537 Yeah, there are benefits to being both a 1099 and W-2 employee. This last year I was able to write off a lot more because I knew I was going to be a 1099 contractor. We are in much better shape for 2007 than we were for 2006 when I didn't have any warning I was going to be a 1099 contractor, and wasn't able to prepare for it. Yeah, there are benefits to being both a 1099 and W-2 employee. This last year I was able to write off a lot more because I knew I was going to be a 1099 contractor. We are in much better shape for 2007 than we were for 2006 when I didn’t have any warning I was going to be a 1099 contractor, and wasn’t able to prepare for it.

]]> http://steveeller.com/2008/02/22/tax-time/#comment-531 Mitch Mon, 25 Feb 2008 15:20:41 +0000 http://steveeller.com/2008/02/22/tax-time/#comment-531 Hmmm, the way you file should thrust you into a higher tax bracket, as your earning should be what determines what bracket. As a 1099'er (aka business owner) you should have more eligable tax deductions which in essence should reduce your overall tax liablility. Oh well, your an employee now...get back to work!!! :) Hmmm, the way you file should thrust you into a higher tax bracket, as your earning should be what determines what bracket. As a 1099′er (aka business owner) you should have more eligable tax deductions which in essence should reduce your overall tax liablility. Oh well, your an employee now…get back to work!!!

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