Think of it this way. It is return of MY taxes that I
Posted By: pay that are being returned to me for my child. nm on 2008-02-18
In Reply to: My taxes pay for your child - Justme
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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
Return to MQ?
No more statutory, just employee. I THINK flexible part-time is 2000 lines a week minimum, not sure. I left about 3 months ago. I have been called to go back, and the temptation was great because my line rate was higher there, but from what I read on the MQ board, I won't go back until they straighten out the mess there. Do yourself a favor and look at the MQ board just so you are informed of what has been happening there. I was there 10 years, hated to leave, but was not making any money in the cesspool any more. Good luck!
return to MQ?
Has anybody here left and returned to MQ? If so, why, and did they offer you more money or any other incentive to return?
Return the MT world
Are there any HAPPY MTs out there who are making a decent living at it? I have been out of the MT circuit for about a year and was thinking of returning, but reading all of these messages about the different companies (hence post on Company Board has made me skid to a stop. I have been an MT for 24 years, but spoiled because I worked for local hospitals and have never had to deal with companies via the computer. I am thinking of returning to MT work and amtrying to make sense out of transcribing for national companies and which ones to apply to, but all of these posts are rather frightening -- particularly when you are a single mom who is supporting not only a child, but a grandchild. Any help with enlightenment on whether it is worth returning to or not would be great -- have interviews with Diskriter and Keystrokes at present. Thank you very much.
Carriage Return! :) sm
Remember how fast we could slam that carriage return at the end of the line.....or if we forgot and ran the line off the side of the page!
Carriage return - now there's a blast from the past! :)
File your tax return based (sm)
on the pay you received and attach a note explaining that the company failed to pay you a portion the pay indicated on the form.
But are you required to sit & wait, or can you log off and return later? sm
If you are required to sit there, then yes you should be paid. If not, then you should be able to flex your hours and return later to finish.
No. They tell you when they need the jobs and it is up to you to decide if you can return the
:(
Company soliciting return
One more thing for the day, I had a previous company solicit my return. I contacted the recruiter because I thought they valued my service as I had departed on good terms. I was offered 2 cents less than I was making when I left. If you need the name of the company, just e-mail me, and I can save you the inconvieience of contacting their recruiter.
Where do I sign up for the return voyage?!!! nm
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No return call from recruiter
I had a similar situation happen twice, I might add. I got an E-mail from a recruiter on 2 separate occasions - same recruiter one year apart during my job searches; the recruiter was from Prohibity Transcription wanting to know when is a good time to schedule an interview. I immediately responded and said anytime from 9:00 a.m. to 5 p.m. Monday through Friday, but to let me know what would work best for her schedule as I am flexible.
I never, on both occasions, received a reply back. I sent a follow-up E-mail a week later, on both occasions, I might add, and never heard a reply. I called the company and asked to speak to the recruiter by name and got her voice mail with no return phone call.
I, too, have been in this business for many years with a proven track record and I used to get a phone call the same day my resume was sent out by companies, sometimes within 15 minutes upon receipt of my resume.
All I have to say is at first I thought it might have been a fluke the go around she did not respond to my E-mail. The second time, I am not so sure.
My advice is look to the smaller MTSOs who are family owned as opposed to the Nationals - of course, with most of them, you are an IC, but I find you tend to be treated as a valuable employee and your hard work is appreciated.
is it called a hard return...
When you shift + enter?
a hard return is when you must hit the enter key
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My return was flagged for audit because of SE status
with all the terms written by a lawyer with signature by myself and the CEO of the company, so they closed the audit. About 2 years after they created the SE status, they wanted to make sure people weren't using it instead of IC, and I happened to be one who had to prove things to them.
send certified return receipt
your invoice and be sure to add the amount of the mailing - then go to small claims - you are a contractor - no tin the letter if you are not paid, you will add interest and court fee - give them 30 days and go for it. You file in thier state and this can most times be handled on line
If there a time frame for return of funds? sm
I know Silent Type wants $500. to get back in 6 months, baloney, this is just a way to get an iinterest free loan to purchase there equipment. I turned it down. On current company, you may suggest to get a predated check for the $125 to coincide with the proposed return of funds, then you can just automatically cash, hopefully there are funds there.
Amanda is one that dont return emails
Was told she's new and still hot a lot to learn.
There's only one way to find out if an employer thinks you'd be as suited for a return to this
.
Ran out of work, they wouldn't return email or call...see msg
They wouldn't contact me back or answer my calls. Four days later they finally got back with me to tell me to be patient. I specifically asked when I took the position if running out of work was ever a problem.
WEBMEDX - NO RETURN ON COMP DEPOSIT - 3 MONTHS
It's been 3 months since I left the company, and I have not received my computer deposit yet. I called and talked with HR and Accounts Payable, who promised me a check weeks ago. I called today and was told they had a snag -- no one to sign checks, providing me with a lame excuse about having to send the checks to ATL next week, etc., etc. NOT MY PROBLEM -- You took the money out of my check, now send it back since your computer was returned in good condition. (Not to mention that I have not received my last paycheck -- haven't pursued that because it's less than $5).
Also -- when I worked for the company, the accounts (3 hospitals) continually ran out of work. I was to give WEBMEDX 12 hours out of my day, checking every 30 minutes to see if there was work, and then sign off if there was no work so as not to abuse the minimum wage laws (i.e. so they would not have to pay me). This was the worse experience I have ever had with a transcription service. HORRIBLE!!
I applied when they first posted. Not so much as an email in return after I tested.
Update: I've been contacted and may be able to return if work is available.
This is exactly why I loved my job there!!! These are the best people to work for. Whenever you have problems, issues, and questions, they are always there and treat you with the utmost respect. Even if I do not get the chance to return, I feel blessed to have spent the last four years there. Trust me.....none of the other nationals out there can compare.
Absolutely - I work off FTP and have a 24-hour window to return files.
I work my own schedule daily and keep my TAT. It is that simple. No big deal. I download my files late in the evening, transcribe the next day and upload them late in the evening.
Whatever works!
resend with a return receipt that generates once email was opened. nm.
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You have no idea what you are talking about. My income tax return says I am making a good living
:+
P.S. ''If we try employee status and decide it’s not for us, can we return to statutory employ
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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?
IC taxes
You don't pay any more taxes as an IC than you do as a regular employee. You pay your taxes differently and pay more up front than you do as an employee, but on the back end when you do your taxes it all evens out.
You have to pay your regular federal withholding. It's the same rate that you would pay based on 0 deductions with a regular job. You can use the tax table http://www.irs.gov/pub/irs-pdf/p15.pdf to figure that out. Then you have to pay the whole FICA tax of 15.3%. Half of that is the employer's portion, which you don't have to pay as an employee. The other half and the federal withholding you already pay as an employee.
When you do your taxes at the end of the year, you enter half of your self employment FICA tax on line 27 (along with a schedule SE) and you deduct it from your gross income.
So you have to pay more up front, but you don't pay more in the long run.
I pay 25% to the feds every time I get paid and I pay 5% to the state every time I get paid. A lot of people like to do it quarterly, but I like to get it over with so I don't think I have the money to spend.
You can make your federal tax payments on line here: https://www.eftps.gov/eftps/ . You have to sign up with them and then they mail you paperwork with online passwords and stuff, so it takes about a week to get actual access, but it's worth it. It's where I pay all of my taxes. Your state probably has an online presence where you can pay your state taxes as well.
I've only ever been an IC so I can't compare working as an IC to working as an employee on production.
rather just under 100,000 a year, after taxes
please. transcribing for a national??
Employees pay taxes too
You are only paying 7.5% more due to SS, and you should be able to find 7.5% worth of deductions to take. If you were an employee you still pay the taxes they just withold it from your check.
withholding taxes? sm
I am fairly new to the IC status. Approximately what percentage should I be putting away for taxes (federal, state and local). I know it varies, but just a baseline amount please if anybody can help me out? I would like to start this with the new year. Where do you put the money, your regular savings account or open a separate account? TIA.
K
Quarterly taxes
I think you just have to make up the difference come tax time. When I called H&R Block, they said the easiest way is to estimate your income and make 25% quarterly payments. So, that is what I will do. Your tax preparer can provide you with a quarterly schedule with dates and amounts, as well as remittance slips and addressed envelopes to make your payments.
HTH - K
Benefits/taxes
You end up paying for these one way or another, if you are an employee you get less per line and do not have the choice of what health insurance, or when to take time off or how to pay your taxes it is all done for you. As an IC you get more per line and you chose which health insurance company to have, when you take time off and how to invest your money so you don't pay as much taxes. Sorry like I have always said even as an employee you pay for the benefits it is just that someone is handling that for you for a price -- lower wages.
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