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Being a 1099 independent contractor can be a very rewarding experience and a great way to earn a living. In many cases, you have the freedom and flexibility to work how and when you want to. That can include working from home, in an office, on the beach, whatever the project allows. You’re also able to indulge your passion for your craft and feel psychologically satisfied. All of this is a huge plus for you and in many cases your family. It has its drawbacks as well. Long hours, no benefits and sometimes challenging deadlines.

The biggest drawback however is the taxes. Ask any independent contractor about taxes and they’ll immediately look like they just drank baby oil.

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