Whether you're starting a full-scale consulting business or booking work on the side, Working for Yourself provides all the legal and tax information you need in one place. This excellent, well-organized reference will show you how to:

- decide the best form for your business (sole proprietor, LLC, or other)

- make sure you're paid in full and on time

- pay estimated taxes (and avoid trouble with the IRS)

- take advantage of all available tax deductions

- choose health, property, and other kinds of insurance

- keep accurate records in case you get audited, and

- write legally binding contracts and letter agreements.

This 13th edition of Working for Yourself also covers all the latest legal and tax changes the self-employed need to know about, including new rules for filing 1099 forms to report self-employment income to the IRS, revised limits for depreciation and Section 179 expensing, and how the self-employed can protect themselves from audits by the IRS.

Learn everything you need to know about successfully starting and running your operation--get paid what you're worth, and don't spend it all on taxes.