I don't pay more taxes. I have write-offs.
Posted By: Please speak of what you know. NM on 2008-02-10
In Reply to: well, of course you make more with your own accounts cuz you're not employee - why not mention you pay more taxes- NM
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write offs/deductions for IC's??
Just wanting some ideas on what everyone uses as deductions. Im going to get hit hard this year and just seeing what everyone else does.
TIA,
You have to decide that for yourself. Write-offs,
x
After I do my write-offs it's more like 10% - I think 30% is on the "conservative" side of
you don't owe. They have practice sheets you can do that will help you figure it out. Do a dry run using those and that will give you a better idea.
Write offs make a big difference. nt
x
But you get tons of deductions and write-offs.
x
write offs when working out of the home
As an independent contractor, where can I go to get a list of what I can write off legally when working from home?
TIA.
KSM
How do I find the things that could count as write-offs? nm
x
Buy if from your husband. Have him write you a receipt. Write it off completely or
depreciate it over a few years.
lay offs .. yep .. me too.
I was greeted at the door this morning and walked to the office. Received my sererance package and then was allowed to clean out my desk.
When one door closes, another door opens. I kinda felt like I would be in this cut, hoping I wouldn't, but felt like it.
Good thing DH tuns 65 in July. Guess I'll have to start checking out medical insurance now.
Soooo if it's alright with you guys, I'll just hang out with you for a while.
Lay Offs
Boy this must be the week. I myself was also told on Monday that I was laid off from my hospital job I just started 5 months ago. I think they just used me to clean up their mess of backlog. I was very sad the first day, but then realized they did me a favor. No more working 10-6:30 shift and on Sundays, which I hated. My husband was happy. I am going to get unemployment so I can enjoy the summer months for the first time in about 10 years. It is going to be great.
As they say everything is for a reason. We may not see it now but we will later down the road. I think this is a blessing for me. They were always hounding me to get my line count. I never had acute care experience and only did clinic notes for 5 years but they hired me and I was always short 50-100 a day. I feel a huge pressure off my back. I felt like I worked in a factory. I never took a lunch and I feared if my doorbell rang or phone because I did not have a minute to spare or my line count would suffer. No one should have to work like this and I will never. My next transcription job is going to be like before on a 24 hour turnaround. I am not working set hours ever again.
Keep the faith- God always closes a door but opens a window and I have always believed this.
HUGS and love!!
Lay-offs
My job ended the end of December as a receptionist in a doctors, which lead me to going to MT school that starts the end of this month. And now you all are talking about getting layed-off from your mt jobs. scary, what is up ?
Lay-offs
Not what I wanted to hear, but thanks for the info.
DirecWay Drop-offs
Thanks for the tip. It looks like Direcway has a new upgrade from the 6000 model...more money of course. I will need to do something, as 3 days at half-production is just too miserable.
You have your W2 showing very clearly those taxes were paid. MQ is responsible for those taxes
because you were a statutory employee. That is the responsibility of the employer to pay those just as though you were an employee.
Direcway satellite drop-offs all day...
Is anyone else having problems with their satellite connection this week? After 6 months of no problems I am now getting constant drop-offs until 5 p.m. I am on the west coast and no weather problems. I have called "customer service," but that was beyond frustrating. Dial-up is excruciating to work with after being used to the high-speed. Thanks in advance for any info.
Sounds like any old pair of cut offs would be acceptable....
The description reminds me of my MUCH older brother's wedding circa 1973.... She was barefoot, he was in ripped jean cut off shorts, the preacher looked like something that crawled out from under a rock, and when he asked my brother if he had anything to say, he "grunted." Gawd, it was awful. I'm sure this wedding you're going to won't be that bad, but if the bride is barefoot and the groom is in khakis, then any decide informal summery outfit would probably be A-ok.
Speaking of rip-offs, anyone have any advise on how to get back money paid for a product you never
received? I needed a Dictaphone C-phone for my job (was using a loaner) and put a note on the equipment board pertaining to this back in May. A woman contacted me stating she had one for $100 (I only needed the phone, power supply and phone cord). She said she was going away for 3 weeks and to Western Union the money to her that night and she'd send it out the next day. I did not like the high pressure and was still shopping around anyway so I told her I'd wait the 3 weeks and contact her then. About a week later she emailed me stating she cut her trip short but was going away again that Friday (It was Tuesday), I had by this time decided to buy her phone. I mailed out that day via Priority mail a M.O. for $100. She was very anxious for the money, and thought I'd sent it Express Mail, which I of course informed her I did not. She stated that it should be there by Friday and if she did not see her mail that day that she'd have her mom check the mail and then mail the C-phone to me. After 2 weeks I emailed her as I had no phone as yet, no response. A week later still no phone, emailed again, no response. Then I called her (looked it up) and she claimed her email was "broken" and she had not received my emails but would email me back as she was on her way out the door to a baseball game. I asked her how can she email me back if it was broken??? So then she backpedaled and said she'd call me.... I held my breath at that point. So the next day by some miracle I get an email from her stating her mother had mailed it regular mail, no way to track it, etc. So supposedly it is lost. I emailed her back which it appeared she did not get as she did not respond to my questions but she did email me again saying she'd return my money.....again I am holding my breath. That was 8 days ago. She is in OK, I am in VA. If she sent me a refund promptly it would have been here by now. Now when I call her, she does not pick up, and no answering machine either. I am planning now to mail her a copy of her email and my response to getting my money back. I am assuming at this point that I was taken for a sucker and was obviously too trusting. Right now I don't have $100 to burn (who does?) with my drives to the hospital (60 miles round trip) for my daughter's chemo, doctor visits, etc, on top of only making about 1/2 what I used to make due to the changes in my life right now. In the meantime I got kicked off the account for which I needed the C-phone for (add insult to injury here) due to problems at the company I was working for, so that does not sweeten my disposition any. So does anyone have any idea how I can squeeze her and get my money back? Contact the police there for fraud? Small claims court in OK? I am a persistent pain in the butt and will keep at her until I get my money back, if it is fraud then she picked the wrong person to screw with, if it is on the up and up then it is unfortunate but she should have insured it to cover her own (and mine) butt, and sent in with a delivery confirmation too....but you know what they say about hindsight. Any ideas???
As an IC when paying taxes, are SS and fed taxes sent SM
to the same place?
THANK YOU! That is my point. She still pays taxes, her DH still pays taxes...
so who exactly is getting cheated? And just who are you talking about when you talk about whether it is "fair" or not. I don't give a crap how much taxes my neighbor pays. It's none of my business. And if I found out they were paying less in taxes than me, I would ask them how they heck are they doing it so I can do it too!
I just want ask, is it necessary to get personal and insult? You disagree with me, fine. But I've been called a liar, a cheat, a no-ingetrity thief, my intelligence has been insulted, and I have had my parenting skills questioned. That is a little over the top. If you cannot debate an issue without resulting to personal attacks, then YOU are the stunted one!
It is a very good thing that some of you work at home, ALONE! You are sorely lacking in people skills and diplomacy. Let me guess, when you worked in the office you were one of those girls who didn't like to share her desk, griped if someone dropped a crumb on your desk, and kept track of everyone's breaks, lunches, and line counts just so you could tattle to the supervisor! I've worked women like you, it was like working with kindergarteners. That's why I came home to work. Do us all a favor, looking in the mirror, count your wrinkles, and realize that this isn't high school anymore!
yu arr sew write!
I gess yu tolt me. I best be gittin on bak 2 the trailer. Eye dun bin tolt awf bi a jenyus! Yu gut me! Tak to ye after a spell Mrs. Frank. Buy now. Doen't choak awn awl that venum, now, ya hear?
Why would you write someone up
gee that is very encouraging, I have been disciplined even with my current job when I was in the mentor program but not written up !!!!! That style of company is not for me, I should have listened to the posts of how they are sweet and than watch out... I'm sure a lot of people are happy with them they seem to have a lot of employees
I just had to write this....
I am now one week free from my best friend is what I like to call smoking.. This was difficult to give up and for the first time in my life I sat in a nonsmoking section at a restaurant yesterday, I can run a mile, I am alert and awake and feel good, my skin is actually looking younger. I have attempted to quite many many times... The conclusion to this was its my body, I control my body, cigarettes do not control me, I control me, God gives us one body enjoy it, take care of it, REMEMBER ITS YOUR BODY... Sorry if this offends anyone I just needed to voice myself for I feel free for the first time in my Life....
Do you write down your (sm)
job numbers. How do you keep record of work completed each day?
They need to write one about MTs
Synthroid 25 mg --hello? I have to change that one all the time. Or how about clonidine for anxiety? Or one of my personal faves respiratory rate 70, heart rate 16...happens all the time. Ladies give yourselves a pat on the back for fixing and "spotting" all of THEIR mistakes!
to write or not to write
I have always put on my resumes that I have the ability to transcribe foreign accented physicians and never had any comment made about it, so guess it worked for me. The QA part, would state as you suggested, experienced in quality assurance....would look oh so pretty on the resume by all means. Good luck.
You can write off anything you want to, you just have to
be able to document it if you get audited. I would have DSL if I didn't need it for work and my whole family uses the internet so I can't in good faith write it off. Even if I wouldn't have it if not needed for work I'm sure you still use it for personal use.
Why you should write it down
The purpose to keeping a log of everything you do that is not actual transcription, i.e., is not typing to generate lines, is to show you how much time you spend not-working.
This can be a considerable amount of time. It's important to get a handle on it, though, because it goes a long way toward showing you where you can become more efficient.
Awareness of the "not-work" time -- I hesitate to call it wasted, because some of it is purposeful, even if it doesn't generate income -- is necessary if you are to control it.
Nearly everybody pops up out of the seat if it is a difficult dictator. When I code something difficult, I jump right up and find all sorts of errands to run. It's much easier to stay in the seat and stay focused if you are aware that you keep leaping up to run around.
Even taking a sip of coffee takes a few seconds. Looking away to the TV takes a split second here and there. Answering the phone takes a couple more. Pretty soon it's a whole minute, then an hour. If you have one hour a day in non-income-generating activities, if you made $10 per hour, you'd lose $10 a day, $50 a week, $200 a month, $2400 a year. Double that if you made $20 per hour.
:)
Tax write off
Anyone know if we can write off our losses in the stock market last year. I have no clue as I have always made money. I sure my accountant is busy or I would call him. Just curious, as my hubby took a big hit, should have listened to the bunionmeister.  Listen next time hubby. 
We should ALL write them &
tell them why we don't want to be members. Seriously - although the following quote comes to mind: 
I refuse to join any club that would have me as a member - Groucho Marx
Oohhh, I like that. I'm going to write that down!! Thanks!! nm
..
You can only write off the percentage actually used...
for work. Who uses 40% of the space in their house??? I write off 10-15%. You also must use that work area for work only. Come audit time (and it eventually may happen), you will need to show a floorplan of your house and what area is for work exclusively. If you're writing off 40% you will be in deep doo-doo.
Proper way to write
n/m
You have it write Broke!!!
You are exactly right. Ooooh let me buy that huge TV or put a brand new Lexus in the driveway. please. Christmas is about giving not about receiving and it is not about giving presents. It is our time and our love that is needed most, especially this time of year. We do the same here. Make presents for each other, make the decorations for the tree, donate our time and our money to those who need it. Soup kitchens, Salvation Army, local homeless shelters, etc, etc. We have never "not" been able to afford going crazy on Christmas presents for our own families, but really just never wanted. Our entire family feels it is much more important to spend on those who most need our help. Kudos for you and a very merry Christmas!!!!!!
Better yet...write a book...
Merry Christmas
I have done both and prefer IC because I can write
everything off. You have to be very diligent about receipts and setting aside tax money though.
The only real difference in pay between the two is 7.25% for social security (self employment. You have to put aside the taxes rather than have the company pay them for you but either way, that tax money comes out of your check not the company's pocket.
Mine was before I became an MT. I used to have to write
a lot, using a lot of fine motor grip, took maybe 2 years. Typing doesn't bother me unless I do a 12 hour day, but then with rest it is usually better.
I suggest wearing a splint/splints to bed because you may bend your wrists in your sleep and that will contribute to the problem. Keeping them straight really helps. My orthopod recommended 15 minute soaks - cold, hot, and then cold again.
I recommend lowering your keyboard tray if possible and putting a pillow in your lap and then the keyboard on your pillow. This helps take a lot of the stress off. I also find that I sit straighter with my back pressed against the back of my chair. If that doesn't work for you put a towel, folded at least once, under your keyboard on your tray and that will help take some of the stress off also, though not as much as the pillow. If you use a normal-sized bed pillow there is enough pillow to also rest your wrists on and to me is just more comfortable than having an edge of the wrist pad. I couldn't get used to a gel one. If you are using a mouse have it on your keyboard tray where you don't have to bend your wrist as much to use it.
There are vitamins/supplements that are supposed to help too. I'm sorry I can't remember when they are but you can Google it.
My last surgery was 17 years ago and I find that when I grip things, like a rake when doing yard work that my wrists hurt, but it doesn't hurt when I type, different muscles I guess. I have lost some strength in my hand. I was the one that always opened the jars no one else could and now I'm not able to open them.
Whatta Re-write!
Weird AL Yankovic could not have done a better re-write. ROFLOL!!!! Priceless, just priceless. Good job!
WRITE TO HBO to keep it on for years....*S*...nm
x
We change cc to mL, but how do we write cc/mL then? Is mL/mL okay? nm
x
If you ever write a check
you have given your banking information to everybody who sees that check.
we could all write a book
I've had so many funny things happen working in hospitals and doing medical transcription in hospitals and at home. I wish I had written them all down. We could all write a book! Today has been fun what with the polls and the trips down memory lane we've taken today.
I would write one more letter and CC: to
the insurance commissioner and your insurance company. Write the letter to your physician's office, enclose copies showing proof of your payment of co-pays one more time. I found whenever I had CC to the Insurance Commissioner, then people got serious about finding the correct records...
Get a tax guy now. His fee is a write-off, of which you will want as many as you can get. Things wi
:p
You should write your own ticket on this one. U
x
Can I write off all my DSL charges
on taxes. I assumed I could, but now somebody is telling me not if I use it for personal stuff that I would have to figure out how much I used it for personal, and how much I used it for work. Of course I wouldn't have DSL if work did not require it, so why should I not be able to write off the whole cost.
I write off everything I use for work- sm
part of the house electric -30%, heat 30%, phone (1 line is all work, and the other line I write off half as I am on the phone more for work than personal use), all my MT books, computer, printer supplies, programs, FTP services, etc. Whatever I use for work gets written off 100%. I keep receipts for everything and a log of the electric and propane costs.
I write off half my DSL
I am sure I use it more like 3/4 time for work, but half to be safe. Tax Cut, from H&R Block, goes through the deductions with you and it is simple.
Will write more to you shortly - have a lot to say (sm)
Quickly I want to say this - first, many of the rules that you are living by are self-imposed. You are extremely intelligent and eccentric and you are creating a mental cage for yourself, trapping yourself in your own mind by saying that you can't do this and can't do that. I have trapped myself in situations for years before realizing that it was within my own power to set myself free. It is for you too. Saying that you can't work for other people is inaccurate. It may be true that you do not want to work for others or do not enjoy it but it is not true that you cannot do it. Many people don't want to work for others but you may have to do it at least in the short-term while you wait for your online businesses to take off.
Also, as far as getting psychiatric help you can go to the emergency room. When you feel that you should never have been born, that is a sign that you need to go and get help. You need an antidepressant. At the very least you need some fresh air and sunshine. I will write more later.
You can write off your mileage
to get into. As far as blocking your schedule, that's your fault, not the office's fault. Would you charge an online company a "sit and wait" for dictation charge because you blocked your morning? Hello? You have to be very flexible in this business. I have gone and there's only 1 tape to pick-up. I really don't care to know the doctor's daily schedule because I have enough to worry about, but high-paying jobs are hard to find. It sounds like you've made up your mind in that you don't like the driving, office, or the dictator himself, so what kind of advice are you looking for? If you just want to know whether to charge for a pick-up that brings you home empty-handed, then no do not charge. Why don't you talk to your overflow account and find out if this happens can you take work? I just don't get some of you gals... Really this allergist does not "owe you a tape" everytime you come in and I'm wondering if you are going to return reports. If you are returning reports, then your trip was not wasted.
P/S: It could be worse; they could NOT PAY!!!!! LOL Good luck...
Frank did not write me. I am jealous.
Frank isn't as hot as Gregg but I still wish I could hear from Frank. He isn't answering my e-mails either.
write him a note? Can you see your mother
out of the house and just stay away from him. Seems a shame to avoid your mother too and make her pay. Good luck!!
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