On Mon, 26 Jan 2009 05:36:08 -0800, John Uebersax <jsuebersax@GMAIL.COM> wrote:

>Recruiters often ask me, "do you want to work on a W2 or a 1099 >basis?" > >Can someone help me understand what is required to work on a 1099 >basis? > >1. Must I take legal steps to form a corporation? >2. Or can I simply operate as a sole-proprietorship? >3. I mainly work in the pharma area. Will companies do business with >me directly as a contractor if I am not incorporated? > >4. Or perhaps it might be better to ask the question in an open-ended >way: what steps are required to contract directly with a pharma >company? > >If there's a better discussion group in which to ask these questions, >please let me know (although I suppose there are many other people >here who are intestested in this topic). > >Thanks in advance > >John Uebersax

Gary McQuown has a paper on this subject in the NESUG 18 proceedings. SAS PRO's and CON's Go to http://www.lexjansen.com/nesug/

and search on 1099 It will be in the top 5 of the search.

Dianne Rhodes @ freddie mac