Personal liability insurance and filing my own taxes for work?
I am interested in a contract therapy job but they require me to carry liability insurance and file my own taxes. Have you ever had to do this? Is it a complete pain in the butt or is it worth it to do them since the job pays very well? Where do I find personal liability insurance and how much would it cost? And how do I pay my own taxes? Should I get a CPA? How much does that cost? I live in Florida. Oh and I already have another job but this is just for extra money so not worried about them not paying benefits.
Asked By: Becky H - 9/28/2010
Best Answer - Chosen by Asker
Consulting with an experienced professional about your self employed business would probably be a very smart thing to do... More
Answered By: Bobbie - 9/28/2010
Additional Answers (2)
For the liability insurance, get a couple quotes from local insurance agents... More
Answered By: Judy - 9/28/2010
as an independent contract which this will be you will file on sch C and if the ''net' amount is $400 or more you will pay self employment tax, approx. 15.3% of the 'net' on Sch SE... More
Answered By: tro - 9/28/2010
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