Tax help for independent consultants

How can an independent consultant get tax help or outsource their back office?


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There are companies that act as an employer of record for independent consultants - essentially, back office outsourcing.  I use MBO Partners.  There are a ton of benefits to working with MBO, besides the tax help!  Access to group healthcare benefits, retirement savings accounts, networking opportunities - they also have master service agreements with a lot of big-name companies, so being an associate with MBO could actually help you get a foot in the door for a major opportunity.  They invoice your clients for you, too, which is one of the biggest time-saving benefits!  Cost - only 5% of your gross billings, so if you make no money for awhile, you pay nothing.  I highly recommend it.


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