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sandi

question for accountants

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Any accountants out there? What are the advantages to incorporating versus working as an independent contractor?

From what I've read so far it seems I could save more for retirement as a corporation. Someone told me I might be able to set up child care as an employee (me) benefit and make some of my daycare costs pretax. Is that possible?

Are there any reasons I'd be better off as an independent contractor?

I don't know that much about tax laws for small businesses so I'm just looking for some general info. And yes, I know I need to find an accountant.

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