Tax Advantages ? 1199 a Better Route

  1. This question has been on my mind for some time: Is is possible / feasible to do your own contract with the health care facility. I have heard of this via agencies, but this would be your own contract with the hospital pay your own taxes etc...

    It is my understanding that this would be a clear tax advantage. Ex. I have my own lap top and I could then claim it for tax purposes...

    Has anyone done this that could share some insight? Could you recommend how to reasearch this, or a book to read? I have purchased a tx advanage book. I know I would need an accountant and lawyer to set it up and help me maintain it... etc...

    Thank you for your input... Bonnie
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  2. 6 Comments

  3. by   Charles S. Smith, RN, MS
    Yes, Yes, Yes! Take your nursing skills and turn them into nursing business! You will have many opportunities to thrive and succeed well beyond anyone else who is employed!

    Contact me for information (look at my profile). I have been independent for almost 2 years and have a thriving organization of independent nurses. It is possible!

    best regards
    chas
  4. by   nightingale
    Hi Charles:

    Thank you for your response. I will check your website and have viewed your profile. I am out of town right now and my internet use is hit or miss till next week.

    I am very interested in discussing this further.

    Thanks again!

    Bonnie
  5. by   Charles S. Smith, RN, MS
    Looking forward to hearing from you Bonnie...
    chas
  6. by   earthlovers123
    Quote from Charles S. Smith, RN, MS
    Yes, Yes, Yes! Take your nursing skills and turn them into nursing business! You will have many opportunities to thrive and succeed well beyond anyone else who is employed!

    Contact me for information (look at my profile). I have been independent for almost 2 years and have a thriving organization of independent nurses. It is possible!

    best regards
    chas
    Sounds good
  7. by   suzanne4
    You must incorporate first, you cannot do it otherwise with IRS rulings. But yes, it can be easily done.
  8. by   saralee777
    Quote from Charles S. Smith, RN, MS
    Yes, Yes, Yes! Take your nursing skills and turn them into nursing business! You will have many opportunities to thrive and succeed well beyond anyone else who is employed!

    Contact me for information (look at my profile). I have been independent for almost 2 years and have a thriving organization of independent nurses. It is possible!

    best regards
    chas
    can you give me some extra info on starting independent? thanks, sara

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