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390: OPEN FORUM SHOW - Answering Difficult Tax, Legal & Business Questions

Main Street Business

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Can a Solo Four or One K Work Part Time?

Many of you that have an escort or self employed can do a solo four or one k, which is what lee's talking abutheree. If you've got somene workingtn hours a week, which is part time, and if they end up working for you as an employee for three years. So this is going to cause an issue, unfortunately,. Once that person has been there three years, the solo k is now going to have to turn into a regular four o one k where you n have to offer it to your ployee. Ou can still do it for yourself, but it may have to convert at that time out of a solo four one. Wogot

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