I will be soon be working (as a cabinetmaker/woodworker) with another individual who has his own LLC. (State of Missouri).
He cannot afford to take me on as a regular employee (he has none), so I will be working as a subcontractor and need to file the necessary paperwork so he can pay me without having to pay my taxes, workman's comp., etc. According to him, (and presumably his accountant), He can't simply 1099 me if I make over a certain amount per quarter. (I don't remember the amount but I think it is around $1500).
I have done the sole proprietor thing in the past and paid my own quarterly taxes, saved receipts, etc., so I am not unfamiliar with that. What has changed is that my wife and I now own our house, and I want to separate and protect our assets from the business. I will not be hiring any employees and want to keep things as uncomplicated as possible.
I will be working part of the time in his home shop, my own home shop, and in the shop of an architectural firm with whom he is establishing a relationship (while working on their projects). He will be getting and running all the jobs, and be responsible for client contact. We have not hammered out all the details, but I will probably be paid on an hourly basis, or perhaps a set price depending on the project.
I am wondering if I should go the LegalZoom route, or perhaps there is another avenue I should go. They have three pricing strategies ranging from $149 to $349 plus the state fee. Is there an advantage to using a service like this? Frankly, if it saves me some time making sure I have done everything I need to do, it might be worth the one-time fee. The other guy consulted a lawyer at the time he did his and it cost considerably more.
http://www.legalzoom.com/limited-lia...y-pricing.html
Any thoughts would be appreciated.
