LHenckler
Contributor
Good morning,
I have been fortunate to do help a few providers with their practices with billing/coding/collections etc. I am paid with 1099s. I do set aside money if needed come tax time. (in Massachusetts) I am considered as an 'at will employee' so it could be a year, or years I work with them.
I want to make sure that I myself is protected forbid there are legal issues. What I am wondering is if I should establish an LLC or something along those lines, or is there a recommended business insurance I can take out for myself. I am not sure a LLC or DBA would be worth it due to what I make. It is a sporadic amount that I get paid. I am not a billing company or business; it is just me helping a provider or two out as long as they need it!
Any suggestions or guidance would be greatly appreciated. Thank you!
I have been fortunate to do help a few providers with their practices with billing/coding/collections etc. I am paid with 1099s. I do set aside money if needed come tax time. (in Massachusetts) I am considered as an 'at will employee' so it could be a year, or years I work with them.
I want to make sure that I myself is protected forbid there are legal issues. What I am wondering is if I should establish an LLC or something along those lines, or is there a recommended business insurance I can take out for myself. I am not sure a LLC or DBA would be worth it due to what I make. It is a sporadic amount that I get paid. I am not a billing company or business; it is just me helping a provider or two out as long as they need it!
Any suggestions or guidance would be greatly appreciated. Thank you!