A New Beginning...

Brilliant brilliant brilliant.

This is the kind of thinking that will fuel the next century. At least I hope so because this is what I'm trying to harness for my business endeavor. It's either on the cutting edge it or it will die.

So. How can we leverage this site to get something like this started as part of our mission?

Brilliant brilliant brilliant.

 

This is the kind of thinking that will fuel the next century. At least I hope so because this is what I'm trying to harness for my business endeavor. It's either on the cutting edge it or it will die.

 

So. How can we leverage this site to get something like this started as part of our mission?

We don't need to show other sites on the sidebar. It could just as well be businesses/barters, etc. We can fuel it through social media.

I don't like craigslist or Angies List.....without changes.

We actually discussed this back when we started in 07. Maybe now we discuss some more.

It doesn't even need to be this site. It works because of our conservative mission but, doesn't have to be this one. We'll just start a 2nd one!

Sounds good to me! I'm sick of banging my head on the wall with politics. We have to do something. I'm going to think about it... But then we should start a thread.

Please consider these, before any large outlay of capital:

http://www.forbes.com/2009/11/11/irs-tax-barter-exchange-income-personal-finance-wood.html

http://www.irs.gov/taxtopics/tc420.html

@SrWoodchuck I do not believe bartering I the best part of this to b honest. It's an ineffective way to do business. But independent contracting is another thing.

Dang, we have to become the UnderGround TRR...for the Right Reasons. ha.

Independent Contracting is how a lot are doing it now. I think the IRS will be looking a lot closer at those as well.

Brett's job is that.....but truly, it is more of an employee.

Stay with in the law. Who wants to take on that research?

Case in point....from Forbes link in article to get to But that could change. The IRS has set up a Bartering Tax Center and it's worth a look.

yes, except it is a 404 Error Page. Sigh.

Not going to be easy. ha

can you be sure a 1099 wouldn't be filed on the contract work?

with a 1099 you have to file wit IRS and they check every expense you have. I think new law is to file a 1099 for $600

Too many unknowns at this time, but it sure does make you start thinking!

I am an independent contractor. I'm not making enough money now, but in the past, I paid quarterly & was issued 1099's from every entity that went over $700.00, for services rendered.

I've done it for 36 yrs and you pay the entire tax yourself, no employer to pay half of it. It can hit you pretty hard

would be great it someone could figure a way around the 1099

Independent Contracting is how a lot are doing it now. I think the IRS will be looking a lot closer at those as well.

Brett's job is that.....but truly, it is more of an employee.

There are specific rules for independent contractors working in my business. You must have a business banking account. I am a sole proprietor, but there are other options. You have to have a trade name, registered with the state. You cannot have any input or guidance from a customer/client.....only the location, time parameters & expected outcome + the contract, stating cost & terms of payment. The minute the IRS thinks you are taking instructions from the client, or they are providing you with tools......you become an employee....and they owe a whole bunch of money to the Feds & the State [FICA, Workmans Comp, etc.]

Independent Contracting is how a lot are doing it now. I think the IRS will be looking a lot closer at those as well.

Brett's job is that.....but truly, it is more of an employee.

There are specific rules for independent contractors working in my business. You must have a business banking account. I am a sole proprietor, but there are other options. You have to have a trade name, registered with the state. You cannot have any input or guidance from a customer/client.....only the location, time parameters & expected outcome + the contract, stating cost & terms of payment. The minute the IRS thinks you are taking instructions from the client, or they are providing you with tools......you become an employee....and they owe a whole bunch of money to the Feds & the State [FICA, Workmans Comp, etc.]

are you serious? Is this true in other states? The Workers' Comp Court supplies all my paper and transcribers.

Independent Contracting is how a lot are doing it now. I think the IRS will be looking a lot closer at those as well.

Brett's job is that.....but truly, it is more of an employee.

There are specific rules for independent contractors working in my business. You must have a business banking account. I am a sole proprietor, but there are other options. You have to have a trade name, registered with the state. You cannot have any input or guidance from a customer/client.....only the location, time parameters & expected outcome + the contract, stating cost & terms of payment. The minute the IRS thinks you are taking instructions from the client, or they are providing you with tools......you become an employee....and they owe a whole bunch of money to the Feds & the State [FICA, Workmans Comp, etc.]

 

are you serious? Is this true in other states? The Workers' Comp Court supplies all my paper and transcribers.

The customer can supply materials, but not tools & guidance, under Colorado laws. I had to sign a statement every year with some of my larger clients.....agreeing to a list of guidelines.....and showing active contractors liability insurance.

Hopefully @Rheo can come up with something.

Well, I don't know the law or any of the legal ramifications, but as I sat here on my hard computer chair with a cushion under me and another at my back and my knitting in hand and listened to Bill Whittle, I knew I liked him even more than before. And I especially like his attitude.

And what he said sure did fit with @Valin's idea of being on the cusp of history. If nothing else, I will want to watch him proceed.

The key to his idea is that one person (or website) doesn't have to figure out THE ultimate solution. Hence his analogies about Shazzam and the Dan Rather phony letter episode. You throw an idea into the masses and watch it evolve. But it has to be an idea that people are interested in pursuing. If Bill Whittle is the only one interested in his idea, it isn't going anywhere no matter how many experts get hired to put it in motion. A grass roots initiative is fed by inherent enthusiasm of people looking for a new solution. How many Americans love our election process right now, and can't wait for the next campaign season? I'm not an economist or tax expert. But I bet plenty of people who are can explain a thousand different ways to work through what Whittle is talking about.

The key to his idea is that one person (or website) doesn't have to figure out THE ultimate solution.

Obama can! Cause he's a community organizer!

But it has to be an idea that people are interested in pursuing. If Bill Whittle is the only one interested in his idea,

It doesn't have to be a lot of people...at least to start.

Didn't sleep well last night -- kept thinking about Bill Whittle. I agree with @SrWoodchuck's first comments about this video. Whittle is reacting to the same shock we all felt Tuesday night. He does have some interesting ideas, and obviously he has been thinking about this for some time, but as @SrWoodchuck said it is also a bit naive. I hope he is able to pull some of his ideas off, but we shall see.

His comments about liberals having no virtue was over the top, IMO. I know people who voted for Obama who are very virtuous. They are not "takers," they just see themselves as caring about their fellow man. Whereas we do not, in their view. Wrong, but not all are lacking in virtue.

@cudjo I don't think we should look for a way around the 1099. As he says over and over, this is not a tax escape plan but a way to organize our lives differently.

Washington laws are not nearly as stringent on independent contractors as Colorado @SrWoodchuck. At least in my field. For my biggest new client, I have an office in their facility, business cards under their logo but maintain control of my own schedule and work with approval from them on each initiative. They tell me what they need, I figure out how to get it done.

The financial part comes under my business and is run as a client.

So are the stringent laws in your state specific to contracting? It seems to me that they would be designed specifically to keep people in the construction field from paying under the table.

What appeals to me about Whittle's perspective is not the specifics. We already spend thousands of dollars to put our kids in private schools. And while I think the space program is cool, it's not my top priority at the moment. The genius of his presentation is the call for us to quit looking to the government for solutions and to start looking to figure out how to get the job done despite the government. Figure out solutions that don't involve them.

Case in point. About eight years ago I got a solicitation from an organization that wanted money to help repeal roe v. Wade laws. I started to send them five bucks when I got to thinking differently. Here was the process.

1. The goal is to support the right to life of the unborn and stop as many abortions as possible.

2. Not one life would be saved if I sent money to this organization. It would simply go to feed the strange symbiotic relationship between the problem and the problem solvers.

3. So my money should be sent to organizations not focused on the law, but on saving lives one at a time in my community.

In that vein, I have started suggesting to my liberal friends when they complain about the government and the poor to quit supporting the organizations trying to change the government and just support organizations that do the kind of work they want. Politics aside. It's working here and there.

The point is that we are at an impasse politically and we need to find other ways to change the country. That is to BE the country you want it to be. Bill's solution is not the only one. We need to crowd source the solution. Quit railing against the machine and use that energy to find legal ways around the machine.