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WHat is the difference between a Sole proprietor and a freelancer?
Thread poster: jyuan_us
jyuan_us United States Local time: 23:50 Member (2005) English to Chinese + ...
Feb 28, 2006
I read Kevin's posting about a year ago, from which I understood clearly about different types of companies in the USA. Now, I'd like to know what the difference is between a Sole proprietor and a freelancer?
My accountant told me that a sole proprietor will get his/her Form 1099 with a company name while a freelancer get it with his/her real name on it.
This answer equals to no answer at all actually.
I'd welcome any input about the difference, if there is... See more
I read Kevin's posting about a year ago, from which I understood clearly about different types of companies in the USA. Now, I'd like to know what the difference is between a Sole proprietor and a freelancer?
My accountant told me that a sole proprietor will get his/her Form 1099 with a company name while a freelancer get it with his/her real name on it.
This answer equals to no answer at all actually.
I'd welcome any input about the difference, if there is any. If there is no difference at all, why bother to file for a sole-proprietor type of company? ▲ Collapse
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Lin Yang United States Local time: 20:50 English to Chinese + ...
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