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Reply to "1099 income and taxes"
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[quote=Anonymous][quote=Anonymous]OP here. Thanks for the advice. Relatedly, does it help for tax purposes to create an LLC? My expenses are low - just a computer and my home office. [/quote] For tax purpose, not really. For your own financial protection, yes, and also depending on what industry you are in, might want to look into getting E&O and/or liability insuranc.[/quote]
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