W2 & 1099 vs W2 & S-Corp


Joined
Oct 6, 2011
Messages
1
Reaction score
0
I am on W2 full time job earn 100K
I am also getting 1099 from part time job, about 10k per month

My CPA suggested to open S-Corp to get some tax benefit.

Personally I don't see much benefit by having S-Corp if you already have one full time job making 100k +.

Question is , should I ask my client to continue pay me on 1099 or should they pay on S-Corp ? which method will save more on tax ?

Thanks,
Patrick
 
Ad

Advertisements


Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments. After that, you can post your question and our members will help you out.

Ask a Question

Similar Threads

1099 vs W2 0
USA 1099 vs w2 3
USA Delayed W2 in S corp 3
state w2 vs fed w2 for tax basis 1
USA S corporation W2 - FICA not withheld 2
Which one is better 1099 or W2 5
Used Car Dealership ... Mechanic W2 or 1099 2
USA Small Business Not sending W2's 0

Top