BEGIN:VCALENDAR VERSION:2.0 PRODID:IEEE vTools.Events//EN CALSCALE:GREGORIAN BEGIN:VTIMEZONE TZID:America/New_York BEGIN:DAYLIGHT DTSTART:20250309T030000 TZOFFSETFROM:-0500 TZOFFSETTO:-0400 RRULE:FREQ=YEARLY;BYDAY=2SU;BYMONTH=3 TZNAME:EDT END:DAYLIGHT BEGIN:STANDARD DTSTART:20251102T010000 TZOFFSETFROM:-0400 TZOFFSETTO:-0500 RRULE:FREQ=YEARLY;BYDAY=1SU;BYMONTH=11 TZNAME:EST END:STANDARD END:VTIMEZONE BEGIN:VEVENT DTSTAMP:20250326T213544Z UID:B1A39ACA-E893-4AEA-8870-18EE057750EE DTSTART;TZID=America/New_York:20250326T170000 DTEND;TZID=America/New_York:20250326T180000 DESCRIPTION:Transitioning from a traditional W2 employee to a consultant is both an exciting and challenging shift. This session will guide participa nts through the key steps to successfully navigate the transition\, includ ing selecting the right business structure\, understanding tax implication s\, and building a strong foundation for independent consulting. Attendees will gain practical insights to establish a thriving consulting practice while managing risks and maximizing rewards.\n\nSpeaker(s): Ryan\n\nAgenda : \nAgenda:\n\n- The Consultant Mindset:\n\n- Shifting from employee to in dependent contractor\n- Managing time\, projects\, and client relationship s as your own boss\n- Business Structure Options:\n\n- Pros and cons of 10 99 vs. LLC vs. S-Corp\n- Setting up your consulting business: legal and op erational essentials\n- Financial and Tax Considerations:\n\n- Understandi ng self-employment taxes\n- Managing income\, expenses\, and deductions ef fectively\n- Building a Sustainable Consulting Practice:\n\n- Establishing your value proposition and niche\n- Setting competitive pricing and contr acts\n- Preparing for the Transition:\n\n- When and how to leave your W2 j ob\n- Managing benefits like health insurance and retirement plans as a co nsultant\n\nVirtual: https://events.vtools.ieee.org/m/469541 LOCATION:Virtual: https://events.vtools.ieee.org/m/469541 ORGANIZER:ryanhanks@haccian.com SEQUENCE:13 SUMMARY:Strategic Transition from W2 to Independent Consulting URL;VALUE=URI:https://events.vtools.ieee.org/m/469541 X-ALT-DESC:Description: <br /><p><span data-olk-copy-source="MessageBody">T ransitioning from a traditional W2 employee to a consultant is both an exc iting and challenging shift. This session will guide participants through the key steps to successfully navigate the transition\, including selectin g the right business structure\, understanding tax implications\, and buil ding a strong foundation for independent consulting. Attendees will gain p ractical insights to establish a thriving consulting practice while managi ng risks and maximizing rewards.</span></p>\n<p>&nbsp\;</p><br /><br />Age nda: <br /><p><strong>Agenda</strong>:</p>\n<ul>\n<li><strong>The Consulta nt Mindset</strong>:</li>\n<ul>\n<li>Shifting from employee to independent contractor</li>\n<li>Managing time\, projects\, and client relationships as your own boss</li>\n</ul>\n<li><strong>Business Structure Options</stro ng>:</li>\n<ul>\n<li>Pros and cons of 1099 vs. LLC vs. S-Corp</li>\n<li>Se tting up your consulting business: legal and operational essentials</li>\n </ul>\n<li><strong>Financial and Tax Considerations</strong>:</li>\n<ul>\n <li>Understanding self-employment taxes</li>\n<li>Managing income\, expens es\, and deductions effectively</li>\n</ul>\n<li><strong>Building a Sustai nable Consulting Practice</strong>:</li>\n<ul>\n<li>Establishing your valu e proposition and niche</li>\n<li>Setting competitive pricing and contract s</li>\n</ul>\n<li><strong>Preparing for the Transition</strong>:</li>\n<u l>\n<li>When and how to leave your W2 job</li>\n<li>Managing benefits like health insurance and retirement plans as a consultant</li>\n</ul>\n</ul> END:VEVENT END:VCALENDAR