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Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Consultants
 
 
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Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Consultants [Paperback]

Stephen Fishman J.D. (Editor)
4.7 out of 5 stars  See all reviews (74 customer reviews)


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Paperback, February 10, 2008 --  
There is a newer edition of this item:
Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Consultants Working for Yourself: Law & Taxes for Independent Contractors, Freelancers & Consultants 4.7 out of 5 stars (74)
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Book Description

1413307523 978-1413307528 February 10, 2008 7
Be your own boss -- easily, efficiently and successfully -- with this bestseller! Whether you're an independent contractor, freelancer, or consultant, it all adds up to the same thing: You need to be more aware of laws and taxes than the average person. Fortunately, Working for Yourself provides all the information you need to stay on top of it all. An independent contractor himself, Stephen Fishman shows you everything you need to know to meet business start-up requirements, pick a business structure, set up home or outside offices, obtain permits and licenses, price your services or products, comply with strict IRS rules, establish sound business relationships, avoid unfair contracts, draft good agreements, keep good records, get paid in full and on time, and much, much more! The 6th edition is completely revised to provide the up-to-date information you need, including the most current tax rates and changes in the law. Whether you already work for yourself or are thinking about making the move, Working for Yourself will help make sure you do it right. (20090101)


Editorial Reviews

Review

A clearly presented, all-around resource. (US News & World Report 20090101)

If everything goes well with that new freelance business... then Nolo's Working for Yourself is the only book you'll need. (Accounting Today 20090101)

Whether you already work for yourself or are thinking about making the move, Working for Yourself will help make sure it's done right. (Des Moines Register 20090101)

Comprehensive, current, and savvy... highly recommended. (Library Journal 20090101)

Walks the reader through the basics of choosing a business form and then deals with start-up concerns, the myriad tax-paying and reporting issues and introductory information on recordkeeping, intellectual property and agreements. (Minneapolis Star-Tribune 20090101)

As an independent contractor, you are your boss. This is why Fishman's book is so important. (New Orleans Times-Picayune 20090101)

A comprehensive guide to meeting the requirements for starting as an independent contractor. (Orange County Register )

Could well have been called The Independent Contractor Bible... Don't contract independently without it. (Leonard Charla Small Press Magazine )

About the Author

Stephen Fishman is the author of many Nolo books, most recently Tax Deductions for Professionals. Other titles include Deduct It! Lower Your Small Business Taxes, Every Landlord's Tax Deduction Guide and Home Business Tax Deductions - plus many other legal and business books. He received his law degree from the University of Southern California. After time in government and private practice, he became a full-time legal writer.

Product Details

  • Paperback: 384 pages
  • Publisher: NOLO; 7 edition (February 10, 2008)
  • Language: English
  • ISBN-10: 1413307523
  • ISBN-13: 978-1413307528
  • Product Dimensions: 10.8 x 8.3 x 0.7 inches
  • Shipping Weight: 2 pounds
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (74 customer reviews)
  • Amazon Best Sellers Rank: #248,753 in Books (See Top 100 in Books)

More About the Author

Stephen Fishman is the author of many Nolo books, including Tax Deductions for Professionals. Other titles include Deduct It! Lower Your Small Business Taxes, Every Landlord's Tax Deduction Guide and Home Business Tax Deductions: Keep What You Earn--plus many other legal and business books. He received his law degree from the University of Southern California in 1979. After time in government and private practice, he became a full-time legal writer in 1983.

 

Customer Reviews

74 Reviews
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Average Customer Review
4.7 out of 5 stars (74 customer reviews)
 
 
 
 
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79 of 85 people found the following review helpful:
5.0 out of 5 stars Great for Software Contractors, May 5, 2002
By 
Randy Given (Manchester, CT USA) - See all my reviews
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I am a software contractor looking at incorporating. I had looked at LLC options, but some clients require incorporating, so that was ruled out. My best route seemed to be S-Corp. This book answered most of my questions. The "Incorporating Your Business, for Dummies" was pretty good, but not as good as this book. This book has a lot of details and laid some of my worries to rest. It will also save money with your professional team (attorney, accountant) by answering simple, but essential, questions. Definitely worth the money.
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45 of 48 people found the following review helpful:
5.0 out of 5 stars The best book on small biz that I have found, July 7, 2001
By 
zem (New York, NY United States) - See all my reviews
After surveying most of the small biz books out there, this is the far and away the best. Fishman claims his focus is on sole proprietors in a service business (in part to not compete with Steingold's Nolo Press book on small biz which isn't nearly as good). Even if you have an inventory based biz, 95% of this book is still extremely helpful. It covers the widest rage of topics and in more depth and with better organization than any other book on the subject. You won't need many other books except maybe something specific for taxes (do not get Nolo's Tax Savy book -- its very superficial; I really haven't found a tax book that I like yet). If your business will be very large and complex (and especially if it will involve other investors, complex financing, employees or IP) also get the Entrepeneur's Guide to Business Law by Bagley and Dauchy.
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41 of 45 people found the following review helpful:
5.0 out of 5 stars Straighforward intro to the legal aspects of freelancing, May 4, 2004
A potential employer asked that I incorporate my freelancing business before they start sending me jobs. I wanted to do some research on the pros/cons of incorporating, what kind of start-ups costs this would entail, and what kind of corporation I should be. At first, the whole process of incorporating sounded like a huge money burden on my part--with filing fees and taxes--but this book has helped me sort out the issues and provided detailed information about the different ways to incorporate--sole proprietorship, LLC, S-corps. Although I haven't yet decided which path I will take, this book has made the jump to freelancing, and self-incorporating, less scary.

Not only do I understand my choices better, but I also now understand the different structures for businesses and their tax responsibilities. Great distillation of information! The copies of tax forms in the back are also a great reference. Highly recommended.

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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
suggested language, optional provisions, written client agreements, much estimated tax, statutory employee status, workers you hire, legal form for your business, business property insurance, hiring firm, actual expense method, paying estimated taxes, electronic funds withdrawal, state tax department, home office deduction, net business income, faxed signature, standard mileage rate, employment tax returns, correspondence audits, business checkbook, audit rates, cash basis method, state payroll taxes
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Social Security, United States, Stephen Fishman, New York, Yellow Pages, South Dakota, New Mexico, Acme Corp, Rhode Island, Payments Based, Loss From Business, Stephen Elias, Printed Name, San Francisco, Car Expenses, Anthony Mancuso, New Jersey, Contractor's Materials, Liability Concerns, Product Name, New Hampshire, Federal Reporter, Ralph Warner, Employer's Tax Guide, Tax Code
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Front Cover | Table of Contents | First Pages | Index | Surprise Me!
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