Lesson: Benefits of 1099 Contractors
Objective: Educate bartenders on flexibility and potential tax advantages.
Content:
- Flexibility:
- Choose when you want to work.
- Accept or decline events based on your schedule.
- Write-Offs / Tax Deductions: As an independent contractor, you can deduct business-related expenses from your taxable income. Examples include:
- Mileage and travel costs to/from events.
- Bar tools, uniforms, and supplies purchased for work.
- Continuing education (bartending courses, certifications).
- A portion of your phone bill if used for coordinating events.
- Professional Growth: Build your experience, expand your private event network, and increase your personal income opportunities.