Green Card & Consultant

[omshiv]

Need an Advice from the experts.

I'm an IT Consultant who recently got Green Card. After 6 months I'm planning to leave my W2 employer, who sponsored my GC, and be Independent Consultant.

My question is. Should I open my own LLC or should I join the main Vendor who has the project with the Client on their W2. In the latter case each time there's a project I would be on the Vendor's W2.

Lets say I get a 6 month project with Vendor ABC in NYC. I join company ABC on their W2 and after 6 months I get another project in DC with Vendor XYZ for 1 yr. So I leave company ABC and join XYZ on their W2. Is that fine to do? Will I get 2 W2's at year end?

Or is it wise to open my own company and work on 1099.

I know this is not really a Immigration question, but any help is highly appreciated.

[pontevecchio]

Being your own boss is always better.

[Belle]

As green card holder, it does not matter whether you get a 1099 or W2.

[SameerH1Bworker]

Yes, if you work for 2 companies on W2s then you'll get two W2s for that years.

Registering LLC & work on 1099 has no issue either, but in that case you'll have to manage taxes by your own, as there will not be tax withheld for 1099.

Also, tax return will be complex for LLC then individual tax return based on W2s.

[pontevecchio]

"He's not paying me my full Salary. Is that a good reason to leave?"

Absolutely. Since you want to leave send him a letter demanding your salary as agreed upon and keep the correspondence. If he refuses leave. If he pays you then wait for a few more months and then demand more money. Let us say he fires you. You are totally safe.