Transitioning from a traditional W2 employee to a consultant is both an exciting and challenging shift. This session will guide participants through the key steps to successfully navigate the transition, including selecting the right business structure, understanding tax implications, 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. Speaker(s): Ryan Agenda: Agenda: - The Consultant Mindset: - Shifting from employee to independent contractor - Managing time, projects, and client relationships as your own boss - Business Structure Options: - Pros and cons of 1099 vs. LLC vs. S-Corp - Setting up your consulting business: legal and operational essentials - Financial and Tax Considerations: - Understanding self-employment taxes - Managing income, expenses, and deductions effectively - Building a Sustainable Consulting Practice: - Establishing your value proposition and niche - Setting competitive pricing and contracts - Preparing for the Transition: - When and how to leave your W2 job - Managing benefits like health insurance and retirement plans as a consultant Virtual: https://events.vtools.ieee.org/m/469541

Description: In this installment of the Global Tipping Points series, we’ll dive into the transformative power of emerging technologies, with a special focus on Artificial Intelligence and its global impact. Join Ben Porter, a seasoned consultant and educator, as he explores the challenges and opportunities shaping the AI landscape. What can we expect from AI in our daily lives? How can we balance the tremendous benefits of innovation with the potential risks of misuse? Ben will address these questions and more, offering insights into how governments and businesses can implement ethical guidelines and effective regulations. This hybrid event is free and open to the public—attend in person or join online for a thought-provoking discussion on the future of AI. (https://wacnh.org/event-6088756) Speaker(s): Ben Porter, Agenda: 6:00 Talk 7:30 Adjourn Bldg: Suite 204, 795 Elm Street, Manchester, New Hampshire, United States, 03101