It'll cost less than $100 to start the corp, but then you'll have to keep up on filing annual reports (you can pay an attorney about $400/yr to do this for you). A decent accountant will cost another $1500/yr to do your quarterly and annual corporate taxes. It is better than going with a proprietorship, however, because you can set your payroll and other things which will save you $$$ in taxes. Either way, dental insurance is usually out if you're self employed. My wife had $5k in dental expenses one year...ouch. Uncle Sam will be your new best friend.
You usually have more freedom as to when you can take time off. You're not limited by onerous HR policies. You can write off lots of good computer stuff (which really only saves you your tax rate on the items).
I've found that companies are just as likely to get rid of an employee as they are a good contractor, so that really isn't an issue.
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If they don't like the way Intel's compiler works on their CPU's, maybe they should write their own compiler that does things better.
That's like saying, "If it was a good song, it'd be on the radio".
It'll cost less than $100 to start the corp, but then you'll have to keep up on filing annual reports (you can pay an attorney about $400/yr to do this for you). A decent accountant will cost another $1500/yr to do your quarterly and annual corporate taxes. It is better than going with a proprietorship, however, because you can set your payroll and other things which will save you $$$ in taxes. Either way, dental insurance is usually out if you're self employed. My wife had $5k in dental expenses one year...ouch. Uncle Sam will be your new best friend.
You usually have more freedom as to when you can take time off. You're not limited by onerous HR policies. You can write off lots of good computer stuff (which really only saves you your tax rate on the items).
I've found that companies are just as likely to get rid of an employee as they are a good contractor, so that really isn't an issue.
Good Luck!
pb