Many physicians prefer the control and often higher income available as an independent contractor. Truthfully, it is not all that different from being an employee, even if the initial transition can be intimidating. I will discuss this and other important subjects relevant to your business and personal finances at the ACEP24 in Las Vegas.
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ACEP Now: Vol 43 – No 08 – August 2024
Dr. Dahle blogs at https://www.whitecoatinvestor.com and is a best-selling author and podcaster. He is not a licensed financial adviser, accountant, or attorney and recommends you consult with your own advisers prior to acting on any information you read here.
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One Response to “What To Know If You’re a 1099 Independent Contractor”
October 26, 2024
Garrett M.Managing 1099s is tricky regardless of what side you find yourself: as the employer or contractor. The best advice that I was given is to find reliable software or an accountant that uses it: https://1099-etc.com/payroll-software/w2-and-1099-forms-filer/. Doing any books by hand is a mistake. Tax software like AMS also gives you insight into different liabilities without needing to do the research.