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Cleaning business

Discussion in 'Business & Tax Advice' started by tripphxc, Mar 16, 2014.

  1. tripphxc

    tripphxc Regular Member

    Mar 23, 2008
    Likes Received:
    Probably Reddit.
    I'm about to open up a house cleaning business, I only plan on to hiring about 2 or four maids for now.

    Obviously, I don't have the money to pay into all those W2 taxes, so would going 1099 be a good idea?

    I plan on hiring them as an Independent contractor, and have them buy their own supplies and using their own car.

    If I go this route, do I still need to take out my own insurance and bonding?

    Any help would be GREATLY appreciated.