I am a software developer getting paid hourly on a W2. I was recently offered some independent contracting work, and am trying to figure out how I would file taxes. Should I create a corporation? Do I need to do anything now, or can I wait until I need to file taxes at the end of the year?
You don't need to create a corporation, you can get paid via 1099.<p>Incorporating makes sense when you start making multiple hundreds of thousands of dollars. Until then it would be a massive pain the accounting butt.