Our method
Posted By: WiMT on 2005-12-08
In Reply to: withholding taxes? sm - MTK
I work as an IC as well as an employee. Here's what we do. We have a separate checking account that all of my checks from being an IC go into. We don't have any checks for that account or anything. It's just used as a depository of sorts. My income from the other company where I'm an employee is just direct deposited into my regular checking account. So, all of my IC checks go into this business checking account. We then transfer usually around 35% into a separate savings account that we call the tax savings account. The rest we transfer into the household checking account to pay bills, or depending on what's going on maybe into our regular savings account. So, this business checking account will a lot of times have only a few dollars in it, because the money goes into it, but then is transferred right out first to the tax savings account, and then to the household checking account. What's so great about this method, though, is that since everything I make as an IC goes into this account, and nothing else goes in there, I can easily just add up the deposits quarterly to find out my quarterly income.
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According to THE method...
You should get about 1400 lines with this amount of work. Do you?
My method to avoid
buying foreign-made clothing - THRIFT/RESALE/CONSIGNMENT shops. It has been a very long time since I purchased any clothing new/retail, but I have managed to assemble a great professional wardrobe (in case I have to go get a ''real'' job - which is becoming a distinct possibility.) I hit several nearby thrift stores every Tuesday when they open after restocking. I don't keep up on where designer label clothes are actually made but I suspect that like most things they are assembled in third-world countries. However, I can own a guilt-free Ann Taylor suit by buying secondhand. I like to joke that I am not buying the clothing, only renting it. Because when I'm tired of it, the stuff usually goes back to the place I got it.
There is some convoluted method to figuring OT.
The guy in payroll told me how to figure it once, but I forgot it. Something about figuring your total line count, dividing it by something to get your OT lines and then multiplying it time something else. Your OT lines are then subtracted from your total lines, so if you have the incentive bonus over 13,000 and they subtract your OT lines and it's less than 13K, you don't qualify for the incentive bonus anymore. I used to think it was counted for all the lines, but it's not if you have OT.
IntelliType's method of paying????
Could anyone explain to me how IntelliType's tiered method of paying works? I have been offered a job with them but not sure I understand how this works. The recruiter said they pay 8.25 cpl for the first 700 lines, then after that it goes up to 8.50 until you get to 1000, and then up again to whatever amount of lines to 8.75, etc. How do you make any money this way? It's so confusing to me. Their ad states they pay 8-9 cpl, nothing about the tiered payment method. Are you able to make a decent living this way? It just seems very low for IC status.
Thanks for your help.
Use the Quickest Search method I posted above. nm
nm
Bayscribe is a bare bones method
and while it is easy it is really more cheap than MT friendly. I found the spellchecker nonexistent. You have to have some bells and whistles and is there anything more important to an MT than correctly spelled content? I used SpeedType with it and the lousy dictionary and no spellchecker drove me crazy. One opinion. I far prefer a more traditional transcription package .. there are no bargains!
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Every line counting software has a way to mark what to count and what not to count. Does anyone know how this is done with DocQScribe or who controls this?
Does anyone know how to control the DocQscribe line counting method?
Every software has a way to mark what to count and what not to count. Anyone know how this is done with DocQscribe?
Secure Copy Protocol - encrypted file transfer method. nm
nm
It matters more on the company than the method. Go with a company that does a lot of sm
radiology or it won't matter because you won't have a big check no matter what. Ask them how many radiology accounts they have, if they are overflow or complete department, how long they have had them and do you get a back-up account.
There are very few out there that have good radiology accounts. Stick with the ones that do. I am with Keystrokes for that reason after going with 4 others that kept running out of work.
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