10-99

toppymoney

ist brüno
Jan 2, 2009
167
2
0
Your Mom's House
Sooooooo. Been doing some web design on the side for a while now, just personal referrals and stuff nothing serious. One of my clients just sent me and email saying I need to send his accountant my SSN and address right away for the 10-99 forms. Currently operating as a sole proprietorship, I have looked into LLCs but an accountant friend of mine said to avoid setting it up before I get hit with a 10-99.

Thoughts?
 


Im not really sure what your question is? Are you asking if you should setup an LLC? If your working for yourself spend the $100 bucks and file the paperwork. It may save save your assets if you become involved in a lawsuit, . Just know that having an LLC really has nothing to do with getting that 1099 other than the fact that your working as an independent contractor.

At minimum if you dont setup the LLC at least get an EIN# so you dont have to go sending your SS# out. You can fill the app out online and get your EIN# instantly
https://sa1.www4.irs.gov/modiein/individual/index.jsp