<prompt> Human: Background:I work at private USFR tax office in Europe. My boss is THE authority on FrenchUS tax laws and has been in the business forever. He has always been registered as self employed and the sole owner of his business here in France. As far as I know, the only other employee he has ever had is a secretary.I began working with him when he picked me up from another tax firm he sublet an office from them while I was working for them at the time.To keep this background short - I saved his business and rebooted it to make it more organized, efficient, profitable, to the effect that we are now able to handle a higher capacity of clients which more money.During the past 1.5 years due to circumstances Ive been registered as basically what is a small-time entrepreneur to bill him by the hour as a consultant - this employment status isnt meant for a full-time employment, but was a way around a contract. When we began working together at first, he wanted to test out the first few months and then I would receive a contract. After the first 3 months we were forced to move which resulted in HUGE expenses which my boss could barely afford at the time, and put my contract possibilities on hold.In France, contracts are very costly and bulletproof in favor of the employee ex. Impossible to get fired, costly as in if I earn 16,000euryear which is basically min. wage, the employer is paying double that for my retirement, healthcare, social charges, taxes, unemployment etc.. My boss couldnt afford it. So I stuck with the 14eurhour for my hard work knowing I would be rewarded one day for it, as he told me. It actually worked better than a contract becdause I got to keep most of the money I earned and he didnt have to pay me twice as much per month.1 year later, that day has arrived.I sat down with him last night over a beer and he explained that the dust has settled and we can now discuss my situation. He wants me to be happy because he wants to retire with me running the business. He is happy with my involvment in his business and wants me to feel involved with not just the work, but the money that is being brought in.He explained to me he is completely against the contract, as half the money he would be paying to me is in fact, going to the government in taxes and social charges. He explained that he is open to all ideas on how we can work out my employment situation. I suggested a partnership a while ago and he told me he is not 100 certain that with the way the business is registered, lawyers can not be involved in partnerships with non lawyers.Then he threw this one at me: Increase my hourly rates yeah, Im paid by the hour and would rather have a flat salary and also earn a percentage Im thinking 30-50 of the NET monthly income.It sounds great out loud, but looking at the bank account statements and accounting records for the past year, it seems that we do well each month, but it is offset by HUGE expenses. Not to mention the fact that his business account is also being used as his personal account. Here is a breakdown of 3 months figures that I was able to find from some of the accounting records: nbsp;January 2015 Total ProfitLoss: -10,157 Gross income: 14 ,245 Expenses: Fees Charges-149 OfficeBusiness Expenses-9176 Personal Expenses-2648 Professional Services-6382 TVA Due -2411 Tax Value Added Paid to GOVT -3636 Total Expenses: -24,402 nbsp;FEBRUARY 2015 Total ProfitLoss: 5,743 Gross income: 45,394 Expenses: Uncategorized:-9,449 Fees Charges-582 OfficeBusiness Expenses-13,477 Personal Expenses-13,080 Professional Services-1,400 Tax Value Added Paid to GOVT -1,633 Total Expenses: -39,651 nbsp;MARCH 2015 Total ProfitLoss: 16,669 Gross income: 50,568 Expenses: Uncategorized-110 Fees Charges-82 OfficeBusiness Expenses-14,253 Personal Expenses-17,797 Professional Services-320 Tax Value Added Paid to GOVT -1,339 Total Expenses: -33,899 nbsp;Now this is just a very crude idea of where the money goes each month, but basically if we dont earn anything at the end of the money Net like in January 2015, I dont get anthing.Here is my question to all of you:What should I do to get a better idea of his situation and my situation? Should I go to a professional accountant to review the previous few years of his accounting records with his permission, of course? Should I see an employment lawyer to conclude what might be the best solution to our situation? I know it seems redundant that my boss is a tax attorney, but his grasp of the various French employment and the tax consequences are quite weak.Id like to profit as much as possible from this opportunity, because it will set the precedent of where we move from here. Thanks for your help. Edit: Formatting.  <response>: The first thing he needs to do is separate his personal spending from business spending, because when theyre combined you cant get an accurate picture of how well the business actually does. If you agree to this arrangement prior to that getting done, he can essentially spend money on whatever personal endeavor he wants in order to short pay you. 