Payment of taxes question
Posted By: IC'er on 2009-10-07
In Reply to: IC taxes - Happy MT Robin
You don't have to wait and pay your estimated taxes quarterly? I thought it had to be done that way. Please let me know. Thanks.
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Yes I have been paid. Payment has definitely not been a problem. I received payment on the 19th. nm
nm
Tying payment to their payment is fine
if they tell you that up front. Once bitten, twice shy.
They must deduct FEDERAL taxes.. NOT STATE taxes.. if they took out state taxes.. it would be FLORID
which would only have to be refunded to you for you to pay YOUR state what you owe them which is nothing but a pain... be glad they weren't handling your state tax.. and I think in this case.. if someone at the IRS told you they have to deduct YOUR states taxes.. it is that person who is uneducated... they only have to deduce federal income tax
payment
They still have not paid me although Sonja Sacoleman made a promise on contacting me for payment but up to now... still nothing!
Alliance Payment Anyone??
Anyone receive payment recently from Alliance? Waiting for over a month. Told they pay weekly when hired. TIA
eScription Payment
Yes, when you become accustomed to editing, you can generally edit at a rate of 400 to 700 lines per hour. It usually takes about a month or two to get used to the editing process. It is important that you learn the eScription shortcuts in the beginning, so that you don't get bad habits. In particular, ALT-K is very important to learn.
Ascend Payment
I am working for Ascend now for three uears. They have a policy of each 15 day pay period paid 15 days after the period is closed. If the disbursement date is on week end it will get delayed. I never had an issue and I average about $0.12 per line.
There are folks who do not complete their paperwork or do not submit their production data on time do get their pay delayed.
Ascend also gave me a loan last year and subtracted agreed upon installment from my earned wages.
I like working for them. Plenty of work, good pay.
Yes, I received my payment
Yes, I have received my payment as promised.
Never payment issues
with TransTech...never.
Payment at DeVenture
I have been working for them for over a year and have never had a late payment.
Demand for payment
Send her a demand for payment letter with 10 days to pay you. Send it certified with return receipt. State that further action will be taken if payment is not received by you in 10 days, and add that interest will begin to accrue on the balance. In the meantime, see if you can find other MTs who are owed money by this same person. If it's only you, they know you won't take the trouble to travel to their state to file in small claims court. If you have several people, you can file a class action suit in federal court. That's what worked for me a few years ago with a company in California.
No payment from MTSO
I was hired my a MTSO without asking for my social security number or driver's license. I did not sign an IC agreement or HIPPA paperwork. She only verbally told me what I was and verbally did not want any contracts signed. I was told I was a subcontractor, but I refuse to work anymore for her. She is now telling me she cannot cut me a check without having my SS#. I am telling her cut my check and then we can make arrangements for her to pick up her computer. Who is right? I have no gurantee that she is going to pay me and why ask for my SS number now?
There were payment issues with them in the past. Don't know about now. nm
s
But weren't there payment issues??
x
WRONG! Their payment policy is (sm)
Pay periods run from 1-15th, and 16-30 or 31st of each month. Payment is twice monthly. PLEASE NOTE: For example; If you begin your employment with them today, July 20, you would work from July 20 to 31st (that's 12 days). You THEN add the 30 days, meaning you will be paid after having worked 41 days. If you're going to make a post regarding a subject matter as paramount such as this, make ***** sure it is accurate. I am reporting your post under the guidelines of being defamatory.
WRONG! Their payment policy is (sm)
Pay periods run from 1-15th, and 16-30 or 31st of each month. Payment is twice monthly. PLEASE NOTE: For example; If you begin your employment with them today, July 20, you would work from July 20 to 31st (that's 12 days). You THEN add the 30 days, meaning you will be paid after having worked 42 days. If you're going to make a post regarding a subject matter as paramount such as this, make **** sure it is accurate. I am reporting your post under the guidelines of being defamatory.
There have been payment problems with them. Hayseed
used to work for them but quit. Don't know if she has posted any of that here or just on another board.
I would send a demand for payment
that you have that as proof. Give them x amount of days to pay up or you will take further legal action. Also make note in the letter of the disconnected telephone number. Then you'd need to file a complaint for the money due.
Landmark had some payment issues last year. nm
s
With an old history of payment issues, I wouldn't even
s
There have been payment problems in the past. Check the
archives.
No payment-Accustat in South Carolina
No payment
Isnt this the company with intermittent payment
x
Rather than worrying about notice here, if my house payment
were in jeopardy, I'd hightail it to another position ASAP. Then, I would not put this company on my resume, and if you were there for a short time, just say you took time off for a brief period to research jobs. To me, my bread and butter need not be played with. And the creditors think that even more. Good luck to you, but whatever you do, remember it is not you, it is there are more cheesy MTSOs in this business than not.
Should you keep working as an IC when you haven't received payment from last month?
I am working as an IC and still have not received payment from last month. I also had to pay $75 deposit for their software. My MTSO recieved my invoice from last month and nothing. They just keep sending me work and I am still being nice. My sister said no money, no work and do not do the work until I get my check. Is she right? My MTSO has recieved my invoice and let me know they have it. Any suggestions?
Comments from last year said they were very unorganized and had payment issues. nm
s
There was a post about payment issues back in February. nm
s
They used to dock for errors and late payment was an issue. Don't know about recently. nm
s
Said to have payment issues in the past. Needed Office 2003
s
My understanding was that in order to receive Medicare/Medicaid payment sm
providers will be required to have EMR.
Time for a registered letter to them with a copy of your invoice for payment within 10 days or
s
Digital Dictation Services - MARY GLEASON, Stiff on Payment, BEWARE
This is a sole proprietor, who will let you try out for a couple weeks, and then stiff on payment. She is all nicey nice in the beginning but look out, she will rip you off big time. Do not work for unless you like working for nothing.
Taxes
When you work for someone you STILL PAY YOUR TAXES, your employer does NOT except for the 7.5 SS. Look at your pay check, are not taxed withheld??? As an IC you are RESPONSIBLE for withholding your own taxes and sending them in but either as an employee or a IC -- you still PAY them, except for the 7.5 of social security. Sorry but it bugs me when people say as an IC you pay your own taxes as it is incorrect -- you are RESPONSIBLE for paying your own taxes. With your write off's, flexibility and most of the time more pay it does cover the extra SS you have to pay. Been doing it for almost 20 years.
SE and taxes
I'm seriously considering accepting a job as an SE. The employer holds and pays social security but not income tax or other federal tax. My state has no income tax, but I was wondering if I would have to pay Medicare tax as well as withholding tax. Also, is there a way to pay via IRS monthly or bimonthly rather than quarterly. This is new to me and I'm a little spooked. If I would have to pay Medicare, does anyone know what percent that is. I understand I should hold or pay 25% roughly for withholding. Help please. 
Taxes
Absolutely and you do not have to be only an IC for this write off. Even if you are an employee expenses that you incur in order to perform your job which are not reimbursed by your employer are all eligible. I write off my ink cartridges, printer paper, internet service, etc.
Taxes
I really believe a sharp CPA is worth every penny.
Taxes
It is my understanding that if the state your company is located in does not have a sales tax - then they do not handle the state taxes period. Examples would be companies located in Florida and I think Tennessee.
Taxes
The cost is the same to the employee either way, it is just the convenience of not having to deal with it. Whether they deduct it out of your check and pay it or whether they give you the full amount and you deduct it - either way you owe it and have to pay it. Of course it is less convenient to file quarterly taxes. According to my CPA the employer does not have to withhold if their state does not have state income tax. The employee is responsible for paying quarterly in order to avoid any late fines. Maybe each state has their own standards but I can't imagine all these companies in states without state taxes would be getting away with not withholding if that were the case. By the way, having more held out of hubbies return sounds like a good idea to me if you are filing jointly anyway.
Taxes
I wonder then, since this seems to be different state to state, if some of these companies would legally be able to just not employee MTs from states who require the employer, regardless of location, to handle the state taxes. I could see them thinking the paperwork/accounting costs would not be worth it.
SS taxes
just taken out of pay, you have to use bayscribe, but certain programs they can import into bayscribe and yes, they will if asked provide sample reports.
taxes
Yes, they do.
IC Taxes
For some IC is better, I guess it depends on your circumstances. My husband is on disability so our income is very low, we clam the mortgage interest our home and we never have to pay in. I do have to pay 1% local tax each year but that is never more than $100.00 or so. As IC you are able to write off Internet expenses, paper, ink, ref. books ect. For me it is just better. Plus as IC I feel that I have more control, but that is jost my opinion. 
Taxes sm
If you are an IC then you have to pay your own taxes. There is no difference. You would just convert the $$ into US (your bank does this) and keep track of the actual US dollars you made and then claim it on your tax return. Hope this helps.
As an SE..do they pay any taxes..sm
or are you responsible for paying all your taxes yourself?
taxes
Are there are any Radiology jobs that pay part of taxes?
Taxes
The post above is not true. As an employee the employer pays one half of your federal and state (if you have them) taxes. It is not just half of the FICA they pay. It is half of the total federal (Fed, FICA, Medicare.) I was an MTSO for 8 years and looked into making my ICs employees and just couldn't swing it plus try to offer benefits.
taxes
Bravo!!! Obviously, the OP either has grown children or no children. It takes an incredible juggling act to raise kids these days. Most parents in our income range need all the help they can get. Just having custody of a 2-year-old for 6 weeks has taught me that. Daycare alone is taking all I have. You're right - never underestimate the people with authority in nursing homes. My son reminds me of that sometimes - I only hope he is joking! Have a good Monday!!
taxes
I realize that. What I am concerned about is Social Security and how that works and how do I decide how much taxes to hold out of my check to be sure I am covered at tax time? Just looking for some preferences here from people who have done it both ways. Thanks!
After taxes, it's a lot less than $100.....
Skroo that!
IC and taxes
I have just accepted an IC position. I have never worked as an IC before. Do you set aside your tax money and pay it quarterly or at the end of the year. (for next year) Any advice on this would be much appreciated. Thanks!
IC and Taxes
Thanks for the information. I was thinking it would be best to pay quarterly. I have my city taxes set up like that already. Do you know how to set up state and federal taxes to be quarterly?
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