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