[Hidden-tech] Looking for a tax consultant/accountant

[Duane Dale]

Tim, your main quest was for qualified advice about Tax Relief programs and
SS in retirement.

My comments are about "Very few of my clients ask for 1099."
I'm not an authority on it, but my impressions are these:
* Clients wouldn't necessarily ask *you* for 1099s; it's that some of your
clients are obliged to provide them *to you*.
* Clients that are business entities are obligated to provide them *to you*
if they paid you more than $xxx ($600?) in a particular tax year.

* If you bring on other carpenters that you treat as independent
contractors (because they qualify as such), and you pay them more than $xxx,
then you're obliged to provide them with a 1099 (whether they ask for it or
not).

Regarding optimizing social security in retirement:
* I believe that for your payments into SS during your working years, you
base your payment on all your Schedule C income (with or without 1099
documentation).

Duane Dale

On Fri, Dec 8, 2023 at 8:58 AM Tim Holcomb via Hidden-discuss <
hidden-discuss at lists.hidden-tech.net> wrote:

> Hello hidden tech world
> II am self employed. 90% of my income comes from carpentry work. Very few
> of my clients ask for 1099. I hit 70 on June 1st 2025. I  am looking for
> advice to optimize my SS in retirement. Also interested in someone
> knowledgeable about Tax Relief programs.
> Many thanks
> Tim
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