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Home -> Community -> Mailing Lists -> Oracle-L -> RE: OT -- training
Really? I was told
that if you are an independent NON
incorporated entity, you will get a 1099 to your social security number.
If you incorporate as a 1099 business (sole prop, non schedule C company) then
your company will get a 1099.
If you are an S corp or a C
corp, and have a corporate EIN then usually you won't get any
1099's.
Either way, there will be paper
work and numbers needed and your income will be reportted.
Most companies that I have
dealt with have demanded that you be incorporated as a C or S corp. The
reason is if you're not an s or c corporation and you're getting any kind of
benefit from a company that you're doing work for and not an employee of, then
the IRS can (and will, if they discover it), charge that company for your FICA
taxes and FUTA taxes. They can also declare you an employee of them,
exposing them to lawsuits from you.
If you are incorporated, then
the likelyhood of the IRS telling a company using your work that they are
responsible for your payroll taxes goes down. It's not nonexistant, but it
does go down.
I'll have to look this up to
see where I am wrong.
--Chris <FONT face=Arial
size=2>Chris.Bowes_at_Kosa.com
<FONT face="Times New Roman"
size=2>-----Original Message-----From: Christopher Spence
[mailto:cspence_at_FuelSpot.com]Sent: Monday, August 13, 2001 4:58
PMTo: Multiple recipients of list ORACLE-LSubject: RE:
OT -- training
Generally the way it works
(at least in NH)
If you do not hire
employee's, give benefits you do not need a tax id.
Although alot of companys are
very uncomfortable dealing with people without tax id's.
If you are by yourself
you generally will not need a tax id. Although it may prove benefitial
to have one to make it easier when dealing with larger companies who feel
insecure.
"Do not criticize someone until you walked a
mile in their shoes, that way when you criticize them, you are a mile a way
and have their shoes."
Christopher R. Spence <FONT
face="Bell MT" size=1>OCP MCSE MCP A+ RAPTOR CNA <FONT face="Comic Sans MS" size=2>Oracle DBA <FONT face="Comic Sans MS" size=2>Phone: (978) 322-5744 <FONT face="Comic Sans MS" size=2>Fax: (707) 885-2275
face="Comic Sans MS" size=2>73 Princeton Street <FONT
face="Comic Sans MS" size=2>North, Chelmsford 01863 <FONT
face="Comic Sans MS" size=2>
<FONT
face=Tahoma size=2>-----Original Message-----From: JOE TESTA
[mailto:JTESTA_at_longaberger.com] Sent: Monday, August 13, 2001
4:40 PMTo: Multiple recipients of list
ORACLE-LSubject: RE: OT -- training
That i dont know for sure, i incorporated so there would
be less questions from the IRS, got a taxid the whole thing, separate
checking acct, credit cards, so there is a definite separation between
business money and personal money.
joe
oh and my original statement should have been a
question
You can't write off training?????
>>> epost_at_kcc.com 08/13/01 04:11PM >>>Joe
do you actually have to get incorporated or can you just file as
aprivate business? - E-----Original Message-----From: JOE
TESTA [<A
href="mailto:JTESTA_at_longaberger.com]">mailto:JTESTA_at_longaberger.com]Sent:
Monday, August 13, 2001 12:42 PMTo: Multiple recipients of list
ORACLE-LYou can't write off training. you need to get
incorporated. I'm a businessentity and if/when the company i work
for won't pay for training, you canbet it will get written off on my
taxes, that includes all of the oraclebooks, OCP exams, you name it, it
gets deducted as a legitimate companyexpense. 2 years ago
the company i was working for didnt want to send me toopenworld(and I
knew i'd be leaving in less than 2months anyways), so i atethe cost and
wrote the entire trip off.joe>>>
RROGERS_at_galottery.org 08/13/01 02:41PM >>>Patrice,There is
"resistance" to any training that I feel is necessary to further
myknowledge and/or enhance my understanding of the Oracle processes.
Eventhough I have money in the budget for such items I have to submit a
businesscase defining the gains to the company and after completing the
course witha passing grade the company will reimburse me the expenses
for the courseonly. I also have to sign a waver that I will pay the
company back the fullcost of the course if I leave their employment
before 365 days. Needless tosay I pay for everything myself and hope to
write it off on taxes if theyever get the bill signed into law.ROR
mª¿ªm >>> BoivinP_at_mar.dfo-mpo.gc.ca 08/13/01 11:46AM
>>>Just out of curiosity, how many days / weeks of real
training did youremployer provide you with in the last couple of
years?"real" is in quotes, I don't mean the little 1 - 3 day
seminars given byCareerTrack and other "training" companies, or
management-related stuff likelittle MBA-flavoured certificates from
universities.Oh, and did the amount of training you received match
what you were toldduring your job interview?Regards,Patrice
BoivinSystems Analyst (Oracle Certified DBA)Systems Admin &
Operations | Admin. et Exploit. des systèmesTechnology
Services | Services
technologiquesInformatics
Branch | Direction de
l'informatique Maritimes Region, DFO |
Région des Maritimes, MPOE-Mail: boivinp_at_mar.dfo-mpo.gc.ca < <A
href="mailto:boivinp_at_mar.dfo-mpo.gc.ca">mailto:boivinp_at_mar.dfo-mpo.gc.ca<<A
href="mailto:boivinp_at_mar.dfo-mpo.gc.ca">mailto:boivinp_at_mar.dfo-mpo.gc.ca>
> --Please see the official ORACLE-L FAQ: <A
href="http://www.orafaq.com">http://www.orafaq.com<<A
href="http://www.orafaq.com">http://www.orafaq.com>
--Author: Boivin, Patrice J INET:
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