Quote:
Originally posted by STEVED21
Mark,
Be careful with the s-corporation. Unless you are making your assignments under the corporate name, you can't use the Federal ID#. Doing that is in effect using an incorrect SS# and an assignment of your income to the corporation. This is not legal. We all have some kind of contract with the schools we officiate for, whether individual or through our association. This is controlling as to whose income it belongs to. Be careful with this technique.
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Yes, I know this. My accountant was very clear on how I need to act. I fill out all W-9 forms, etc., with my corporate information and all the venues I contract with understand they are hiring my company to provide officials. I also provide officials to tournaments and fund-raisers and the venues pay my corporation, then I pay the officials as independent contractors.