1099

Switching from W-2 to 1099 with an LLC: Pros and Cons

Switching from W-2 (employee status) to 1099 (independent contractor) and opening an LLC has its advantages and challenges. Here’s a breakdown of the pros and cons: Pros: 1. Increased Tax Deductions: • As an independent contractor, you can deduct business expenses such as home of

March 3, 2025 · 3 min read