On 2014-03-07 14:21, Paul McNett wrote:
Thanks for telling me it is easier than I'm thinking. Because I'm
tempted to just go get regular employment.
You've had a great run, Paul! Like you, I absolutely LOVED working as
an independent, but the Corporate world pays so much more...and when
you
in your payroll tax!
Mike Copeland
Original Message
Subject: Re: [NF]: Pennsylvania Sales Tax
From: Paul McNett
To: profoxt...@leafe.com
Date: 3/7/2014 11:50 AM
On 3/7/14, 9:10 AM, Jim Harvey wrote:
I'm going to be providing some computer programming services
(creating and
At 15:00 2014-03-07, Malcolm Greene wrote:
Hi Paul,
I've been a S Corp since 1993. If I had to start a new consulting
Aha! That should have been "had". I pierced the corporate
veil! I get your house and other goodies.
company I would go the LLC route. You don't need an a
On 10 March 2014 12:19, Peter Cushing wrote:
> Ed Leafe wrote:
>>
>> Any sleazy lawyer will force you to document every single step before a
>> judge will dismiss the case. If you don't satisfy every requirement, your
>> corporation may be deemed to be a phony shell, and all those protections
>> a
Ed Leafe wrote:
Any sleazy lawyer will force you to document every single step before a judge
will dismiss the case. If you don't satisfy every requirement, your corporation
may be deemed to be a phony shell, and all those protections about personal
liability disappear.
Just get Saul Good
On 3/7/14, 1:44 PM, Ed Leafe wrote:
>Bingo! That's the number 1 best reason in my opinion. Too many litigious
idiots out there to risk it.
Well... it depends.
They can still sue you personally, and you have to show that you have fulfilled
every requirement for being a corporation. Didn't have
Original Message
Subject: Re: [NF]: Pennsylvania Sales Tax
From: Malcolm Greene
To: profoxt...@leafe.com
Date: 3/7/2014 4:00 PM
Also take care to file your quarterly taxes. Even with
deductions, the tax man can hit you hard at the end of the year.
Good luck!
Malcolm
+1
Original Message
Subject: Re: [NF]: Pennsylvania Sales Tax
From: Ed Leafe
To: profoxt...@leafe.com
Date: 3/7/2014 3:44 PM
On Mar 7, 2014, at 3:26 PM, Mike Copeland wrote:
In addition liability is limited to
the corporation and it's harder to go after your personal a
Hi Paul,
I've been a S Corp since 1993. If I had to start a new consulting
company I would go the LLC route. You don't need an accountant or lawyer
to setup a LLC, you can do the paperwork and state filings quickly and
inexpensively via LegalZoom.
I would like to echo the advice shared by others
On 3/7/2014 2:44 PM, Ed Leafe wrote:
On Mar 7, 2014, at 3:26 PM, Mike Copeland wrote:
In addition liability is limited to
the corporation and it's harder to go after your personal assets.
Bingo! That's the number 1 best reason in my opinion. Too many litigious idiots
out there to risk it.
W
On Mar 7, 2014, at 3:26 PM, Mike Copeland wrote:
>> In addition liability is limited to
>> the corporation and it's harder to go after your personal assets.
>
> Bingo! That's the number 1 best reason in my opinion. Too many litigious
> idiots out there to risk it.
Well... it depends.
They can
ant told me, "Please
don't get into spending $500 on something to save $100 in taxes." It was good
advice.
Dan Covill
From: ed.le...@rackspace.com
To: profoxt...@leafe.com
Subject: Re: [NF]: Pennsylvania Sales Tax
Date: Fri, 7 Mar 2014 20:39:23 +
On Mar 7, 2014, at 2:01 PM, D
ch 07, 2014 3:36 PM
To: profox@leafe.com
Subject: RE: [NF]: Pennsylvania Sales Tax
You're lucky that you're not subject to sales taxes for any programming or
consulting services. Here in Ontario we have to charge 13% Harmonized Sales
Tax on any of our goods or serves. The flip side is tha
o forget it.
When I first started my own business, in 1981, my new accountant told me,
"Please don't get into spending $500 on something to save $100 in taxes." It
was good advice.
Dan Covill
> From: ed.le...@rackspace.com
> To: profoxt...@leafe.com
> Subject: Re: [NF
Original Message
Subject: Re: [NF]: Pennsylvania Sales Tax
From: Ed Leafe
To: profoxt...@leafe.com
Date: 3/7/2014 2:39 PM
Also, remember that the deduction is actually a depreciation, so it reduces the
effective purchase price of the house. When you sell, the profit for tax
Original Message
Subject: Re: [NF]: Pennsylvania Sales Tax
From: Alan Lukachko
To: profoxt...@leafe.com
Date: 3/7/2014 2:35 PM
In addition liability is limited to
the corporation and it's harder to go after your personal assets.
Bingo! That's the number 1 best re
On Mar 7, 2014, at 2:01 PM, Dennis Schuette wrote:
> I recently had the 'home office' discussion with my tax accountant.
> Apparently a recent rule change allows for a fixed deduction of $500/year
> with little documentation. It's similar to deducting the mileage rate (55.5
> cents/mile, I t
arch 07, 2014 12:10 PM
To: profoxt...@leafe.com
Subject: [NF]: Pennsylvania Sales Tax
I'm going to be providing some computer programming services (creating and
maintaining programs I wrote in VFP while employed) for my former employer,
and have created an LLC for this purpose.
Can anyone
tte.den...@gmail.com
Yuma, AZ 85364 Map it
-Original Message-
From: ProfoxTech [mailto:profoxtech-boun...@leafe.com] On Behalf Of Mike
Copeland
Sent: Friday, March 07, 2014 12:37 PM
To: profoxt...@leafe.com
Subject: Re: [NF]: Pennsylvania Sales T
avoided so far is dealing with collecting and
remitting sales tax.
Mike
Original Message
Subject: Re: [NF]: Pennsylvania Sales Tax
From: Paul McNett
To: profoxt...@leafe.com
Date: 3/7/2014 1:21 PM
I know, I know. ;)
And, being able to have the corporate vehicle, the household
On 3/7/2014 10:50 AM, Paul McNett wrote:
On 3/7/14, 9:10 AM, Jim Harvey wrote:
I'm going to be providing some computer programming services
(creating and
maintaining programs I wrote in VFP while employed) for my former
employer,
and have created an LLC for this purpose.
Kudos for doing thi
tax!
Mike Copeland
Original Message --------
Subject: Re: [NF]: Pennsylvania Sales Tax
From: Paul McNett
To: profoxt...@leafe.com
Date: 3/7/2014 11:50 AM
On 3/7/14, 9:10 AM, Jim Harvey wrote:
I'm going to be providing some computer programming services
(creating and
maintaining prog
...correction.
REDUCTION in your payroll tax, not deduction.
Mike
Original Message
Subject: Re: [NF]: Pennsylvania Sales Tax
From: Mike Copeland
To: profoxt...@leafe.com
Date: 3/7/2014 1:03 PM
Paul, I'm sure you figured you would hear this from someone, but we
Inc'
e
instant payoff of a deduction in your payroll tax!
Mike Copeland
Original Message
Subject: Re: [NF]: Pennsylvania Sales Tax
From: Paul McNett
To: profoxt...@leafe.com
Date: 3/7/2014 11:50 AM
On 3/7/14, 9:10 AM, Jim Harvey wrote:
I'm going to be providing some computer progr
On 3/7/14, 9:10 AM, Jim Harvey wrote:
I'm going to be providing some computer programming services (creating and
maintaining programs I wrote in VFP while employed) for my former employer,
and have created an LLC for this purpose.
Kudos for doing this upfront. When I went independent in 2000, I
nt: Friday, March 07, 2014 12:20 PM
To: ProFox Email List
Subject: Re: [NF]: Pennsylvania Sales Tax
Hi Jim,
Nope...no sales tax on your consulting. I have an accountant for 10+ years
now and never paid sales tax on my work. Good luck...enjoy the other
side!
Cheers,
--Mike
On 2014-03-07
Hi Jim,
Nope...no sales tax on your consulting. I have an accountant for 10+
years now and never paid sales tax on my work. Good luck...enjoy the
other side!
Cheers,
--Mike
On 2014-03-07 12:10, Jim Harvey wrote:
I'm going to be providing some computer programming services (creating
an
I'm going to be providing some computer programming services (creating and
maintaining programs I wrote in VFP while employed) for my former employer,
and have created an LLC for this purpose.
Can anyone advise me whether or not these services would be subject to
Pennsylvania's 6% sales tax.
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