I think they meant not reporting your income
Posted By: muttonhead on 2005-12-14
In Reply to: WHAT DO YOU MEAN NOT ETHICAL - ITS WAITRESSING -sm - bendardondat
or paying taxes on it.
Nothing wrong with waitressing or any other job as long as you report ALL your income AND pay proper taxes on it.
It's called tax evasion and it is a criminal act -- whether or not you got caught. Sad point of view that it's not wrong unless you get caught.
Complete Discussion Below:  marks the location of current message within thread
The messages you are viewing
are archived/old.
To view latest messages and participate in discussions, select
the boards given in left menu
Other related messages found in our database
Not sure, I have deductions for federal income tax, SS tax, Medicare tax, and state income tax. ???
nm
Sorry, 'MT way too long,' my post was not meant for you, it was meant for Wow! Sorry!!...nm
nm
Have you tried reporting this (sm)
to the police? It's called telephone harassment. Once the police get the list back from the phone company, I'm sure they'll be happy to have a chat with the delinquents and their parents, maybe even arrange a meeting in your husband's office. Is your husband at a school where there is a DARE officer or police officer assigned? That would be a good place to start.
IRS reporting
Thought it was 500.
court reporting
I have a friend who did court reporting for many years. She made excellent money, but had back trouble and neck, arm and carpal tunnel problems. The machine she had to tote around is quite heavy, even in a roller suitcase, was not easy, especially if elevators were out and she had to be on the third floor. Of course, no one ever offered to help her with the suitcase. She did her own editing and printing out of all her depositions and made probably $70,000 to $85,000 per year attending all the courts and taking depositions. She gave it up because of her hands and back and is now a paralegal. after going to college for that. She loved it though and used to call me for medical words she was stuck on....
Court Reporting
I actually graduated from CR school in Iowa and use my machine to transcribe. I would never discourage anyone from trying, but be aware that is very difficult to learn and achieving speeds takes dedication and a lot of time and practice. It sure isn't as easy as it looks, but the payoff is great in the end. I couldn't transcribe w/out my machine!
COURT REPORTING???
Has anyone out there ever thought of going from being an MT to court reporting? I have been transcribing for almost 15 years now. I know that the pay scale is better for court reporters, and there are schools that offer on-line classes now. I just wonder what the job prospects were. I have only known 2 court reports and both of them were working as MTs. Any info, anybody? Thanks
court reporting
I often think about court reporting too. I was told just recently by a court reporter if I was going to do it to go into real time reporting, don't know much about it, other than it is doing caption work for live tv.
court reporting
She's right, there are no jobs...they're all held by people who have no intention of giving them up and the rest of the court reporters are doomed to working for services. How do I know? My daughter attended a local college for this, finished the course with excellent grades and looked for a job but could not find an opening within reasonable distance. Tuition is horribly expensive also, so she's now in debt to the tune of approximatey 14,000 dollars, luckily it's Sallie Mae and is at 2.12%. Don't do it! This job is just too hard on your body and mind (if you do get a job, all you'll be hearing is about murders, drug deals, divorces and child abuse), and who needs that? In West Virginia, a court reporter starts out at 13,000 a year -you could make that McDonald's, easy, without having to repay an education loan. The local college's ads say Make $60,000 a year your first year...that is also bs. It's more like $28,000.
Court Reporting vs MT
Hello all ! Years ago I considered getting into court reporting, but back then I remember being told you only get paid PER PAGE/LINE, and not for your time in the court room when you're recording the cases. Recently I was told a court reporter gets anywhere from $3 to $5 per page.
Does anyone have any info on how payment for court reporters works? Is the above true? I thought MT was a better-paying position, as the whole go-to-work-and-jot-down-the-text part was eliminated - and we (used to) make good money doing MT.
Any info would be interesting! Thanks !
Court reporting (see m)
Hi - if you work for a court, you are paid an annual salary plus benefits, starting around 50k per year, just for sitting in court and taking down the proceedings and even if no one orders a transcript. On top of that, you also get transcript fees (if anyone orders a transcript) of $3 to $5 per page and more if you provide RealTime. Most court days come out to about 250 pages of transcript, so if someone orders even the cheapest transcript that's $750 right there.
Court reporting is much more lucrative than MT if you can get a full-time job with a court.
If you freelance and take depositions, then you can charge the parties an appearance fee for showing up, plus the transcript per-page fee, but it's usually a bit less lucrative than a courthouse position.
court reporting
thanks for the info! It's a better position than I was aware !
Court Reporting
The poster is right in that it's a hard field to get into, at least in our area at the Courthouse, but there is always freelancing. You can make really good money if you're good. I do know that when I took ShortHand a long time ago (I was a legal secretary), there were court reporter students in the class and the machine looked really hard. You have to have tremendous speed. Good luck in whatever you decide to do.
court reporting
I used to transcribe for a friend who was a court reporter and she did voice recording. This was 15 years ago though. She had a 2-track tape recorder. She would repeat everything being said in the courtroom into a small microphone, that I believe was almost like a mask. One track of the tape would record the court proceedings, and the other track would record her. I would transcribe the court proceedings, and if I could not understand something, I would switch to the other track, and it would be her repeating the testimony, etc. Not sure if they even do this anymore, but she made a lot of money at the time.
court reporting
Recently there had been an ad in our local paper for a full-time court reporter for the superior court in our local area. It was advertised at $78,000 per year with full federal benefits, and bonus days off like President's day (when was the last time a MT got paid for being off on President's Day?) Again, I too pick the wrong career and should have went into court reporting but at that time (in 1976) there was not a lot of interest in that field so I just went into transcription training and here I am 30 years later. Can you still teach an old dog new tricks?
They might not be reporting it on a 1099
Do they have your SSN, they might not be reporting it on a 1099 to IRS and so you have a choice to report it or not, I guess. How much was it? I have a couple of small accounts that do not send me a 1099 but I do report the income through my business, just add it into the total. A 1099 is not necessary to file your taxes if you are an IC. Not all plumbers or electricians get 1099's when they do contract work.
Court reporting
Yes, I've been through CR school. If you want to do it, go for it, but fair warning...you have to be married to that machine and have no life outside of it until your graduate. I agree with the other poster...it is extremely difficult, and unless you can dedicate 100% of your time to it, it's near impossible to make it through the course.
court reporting
I spent almost 3 years in CR school, was about to graduate and began to hate every minute I was chained to that machine. The school also had a MT program, so most of my credits transferred. Of the people that I knew who did go on to that career were disappointed with the money. Be careful researching this career and make sure you really want to do it. You really are a slave to that machine in court.
Try reporting it to the moderator.
I just sent one - I don't know if this is just some way to send viruses or what, but is certainly illegal.
Court Reporting
I definitely would go to school for court reporting, but unfortunately I am too old (64). I know this would be very interesting. Where I live near Chicago, they have an excellent court reporting program that a person can take.
Also, you can work at home eventually. Like I said if I were younger, I would go for court reporting.
court reporting
Go for it! You can do it. If I lived near a school, I would try it myself. I am 69 and will be 70 in the fall plus I am a disabled person (terrible back after surgery). Do not let your age stop you for doing anything. At the rate it is going now days, you might live to be 90 or 100. Just think all the productive years you have ahead of you!
Have any of you ever thought of court reporting? sm
It seems like there is more job security in court reporting -- and much better money. I'm really thinking of getting out of medical transcription... just so tired of getting paid less and less to do the same job. I was just laid off a great in-house job and I am really wondering if transcription is right for me anymore. 
Court Reporting Employment
How do you get into this field of work?
I've been looking into it court reporting...
...and the training is EXPENSIVE...so is the software and equipment used. Go price a few stenotype machines online, basic models, nothing fancy...you're looking at over $1,000.00. Just when you thought MT had an expensive start up/out of pocket cost, this career takes the cake and the 'best' part of all...there is NO guarantee you will ever reach the 225 WPM required to earn your degree.
I had been looking at The College of Court Reporting, as well as a few other schools, currently I'm comparing programs and degrees offered...Plus, I'm still debating if I really have the desire to proceed with a court reporting career.
I'd think it would be next to impossible to learn the language skills required to master the stenotype machine without receiving proper training. Can't just buy the machine and the software, hook to your computer and expect to increase your MT production...there's a whole language of court reporting that needs to be learned.
If anyone is seriously looking into court reporting, I'd suggest you visit the NCRA site and read about it.
Good luck.
Reporting Inappropriate Messages
You can report inappropriate messages by click the REPORT MESSAGE button in the blue border above the post when you open it. You will have to choose a reason to report it and can make comments, too. Please don't just make responses complaining about the post being on the board. Using the REPORT MESSAGE button will let all mods be aware it should be investigated.
Moderator
I agree with the court reporting...
comparison. I, however, disagree with the nursing comparison. MT and nursing, in my opinion, do not require the same skill level. Court reporters do make great money; however, they do have to pass certain tests in order to become certified (if that is the correct term -- could be licensed). Generally speaking, it takes approximately 2 years of studying and practice to gain enough speed to pass that test, so many have spent more time on education and practice than a lot of MTs before they receive an actual job. Anyway, I think all in all that is a fair comparison. 
Reporting sexual abuse?
If we are transcribing a report that we believe to be a sexual abuse case, are we required to report it if the physician does not? Is this a breech of confidentiality and a violation of HIPAA?
reporting sexual abuse
This is hard to talk about. Two weeks ago my daughter woke me up to tell me her friend "had" to talk to me. I was asleep, not very happy with 17-year-old drama. Long/short the girl's father had been sleeping with her "until she turned 16". At that point apparently she told him she would tell if she did not get her own bedroom....she then went on to say the reason she "had" to tell someone is that the night before she heard him through her wall now with her 14-year-old sister. There were two other little girls in that house - the mom had apparently moved 60 miles away and gave this monster custody while she found herself or whatever. When the girl started telling me the rest of the story, I was stunned. I am so visual that as she spoke my skin began to crawl - I wanted to beg her to stop with the chilling details, but I knew she needed someone to tell and I was it. I felt like a victim myself. It was the creepiest story ever. She went on to spill details that made me 100% sure she was telling the truth (like....he got really, really angry when he found out my sister had started her period) that type of thing. By the time she finished her gut-wrenching story, my own daughter looked at me and said...mom...you are just staring....Ended up calling a Sexual Assault Hotline. Next morning I was driving home and there were 7 police units in front of this creep's house. The mom came and picked up all the girls, thank God.
I think what happened to the MT who read this sexual abuse case is the same thing that happened to me -- somehow in even reading or hearing about it -- you become somewhat of a victim yourself -- a victim of just how sicko the * of the world can get. Thanks for letting me vent. The friend of my daughter stays in touch and says she is much happier. I am going to watch in the courts and make sure that this sicko does not get off lightly -- let em just try that...not on MY watch.
Speech recognition in court reporting
... You are right on. As I was doing my research into possibly getting into court reporting, low and behold, I find "voice writing" and VR coming into this field. This is impacting their profession also but at this time not to the degree VR has in MTing.
Court Reporting Machine Used for Transcription
Does anyone happen to use a stenograph machine (the kind used for court reporting) to do transcription? If so, has it been much faster than typing? What are the pro's and con's? Have you developed your own set of (probably hundred's, no doubt) brief forms/abbreviations (since you I assume you don't have an Expander like InstantText or autocorrect/autotext as Word does)??? How has the wear and tear on your hands/wrists been? Thanks......
Software used with Court Reporting Machine
What software do you use to transcribe with? What type of court reporting machine do you have? I have a Stentura 8000 and would love to use it, but I do not have software and really did not want to spend thousands of dollars on software. Any ideas?
Actual court reporting or transcribing?
There is a difference in the actually reporting where you sit and court and record. You always see the little ladies typing away on the minitypewriter and the actual court transcription. My friend who do this use the tape or digital recorders, for either court or depositions. They also speech into a little cone type deal (name not important) to make notes of thier own as well as writtent notes as the tapes record up to 4 microphone at a time. They did go to school for this.
I transcribed for a small company locally and would pick up thier overflow. The recent rate seemed to be 1.25 a page but I received 1.35 for medical which they could not understand. You do have to have a special tape transcriber for this. You can buy then new or used but you can also get some that have been company modified. They have to be able to play multiple channels. This could run you anywhere from $300-$800 for player alone.
The difference is VERBATIM. Where we correct for proper English you do not on legal. There are a few tricks with the dates and numbers and such but it's not hard to catch onto. You might check into a local court reporting business and see if they have extra work. It can be time consuming but it is interesting. Some are short, some are long. Court cases longer but I have typed depositions that are up to 100 pages long, but that is double spaced. They had to listen to it while recording, then I listend to transcribe and then they listened a third time to proof it. Here is a sample of how the wording can be...
Q All right. Did you ever see the Cadillac at any point, go into the turn lane?
A No. When -- No. Because, when he came off the car he was right in the road. It was in the through lane.
Q Okay. You went over and talked to Mrs. Hobbs, the lady driving the car. Now tell us exactly what she -- David said tell her -- tell you -- tell her that I’m okay, and what did she say to you about just glancing back or what exactly did she tell you?
A If I’m remembering -- getting it right -- I don’t want to -- but what I’m saying is -- like, I said well David, David told me to come and find out how you were doing and don’t worry about him he’ll be okay and then she said, after a few minutes, like I said, she said like -- to the effect that she glanced off the road and she took her eyes off the road and when she looked back it just happened.
Some of them are hilarious.
Point is if you want to transcribe them you don't have to have any special schooling. My friend has never transcribed in her life and she picked it right up within a week.
closed captioning and court reporting
You should still consider it. If you are young enough to invest 4 to 5 years of school and entry experience, it may well be worth it. It certainly pays well,double to triple what medical transcription pays. Look into it.
all 3 major credit-reporting companies offshore
Equifax
Experian
TransUnion
all 3 offshore your information
there's just no fighting it by refusing to do biz with them
the only fight to hold is with the govt for allowing this ridiculous practice
MT income
I am at #6, but have been an MT for 30+ years.
But for those who need FT income...sm
I can see how that could be a problem for some. It is my intention to get a PT job, and if I don't get enough work, find another to fill it out; then, who ever pays best for the best work and least hassle WINS. However, my DH is the primary wage earner around here. My income helps, but we don't require it to live.
income
I live in New York, have been doing MT for 15 years and during all of that time I have needed to work 50 to 70 hours a week. I started on working mostly from tapes. When the dictations started coming through the computer and I started using word expanders, income went way up. But so has my rent - used to be $750, now $1100. And my son eats a lot more at 14 than he used to! A few years ago I started working for 2 services for extra money... but now I couldn't get by without 2 jobs. The first job used to pay well, but with a combination of a new platform and VR, plus being transferred to a different account at a lesser line rate, I make thousands less from them than I used to. I am changing companies. Would love a 40 hour work week but don't think it's possible.
40,000 not low income
maybe with 10 children.. I know of one circumstance (in my state, and some others) where a person can make a decent amount of money (sky's not the limit, but 50,000 range is OK) and still get Medicaid. It's a program for working people with disabilities, whose medical expenses are extremely high and would not be covered by regular insurance - including services of home health aide and transportation to medical appointments, equipment, etc etc). I am on this program (which I was not told about by Medicaid workers, had to do my own research). So I am in the curious position of receiving government assistance (Medicaid only, not food stamps or disability payments) and working/paying taxes at the same time.
Likely the OP is not in this category.
Income Tax after Death
I have a friend whose mother passed away in March of this year. She was an IC and thus earned income right up until the time of her death. Is her daughter now responsible for filing an income tax return and/or paying taxes on this income? I know an accountant for her would be handy in this situation, but I thought I might get some opinions here as well. Thanks!!
Disagree - it is NET income
You pay your social security on your NET income not your gross, after all your deductions and look around you will find them. Also you are only paying 7.5% MORE than if you were an employee. Again, as an employee you have the convenience of someone controlling and withholding your income tax while as an IC you do it. I have more usable income as an IC than as an employee because of my deductions. If your husband is working have him take one less deduction or have them hold out a specific amount that will offset what you make, they will do that and that way you don't have to worry about paying quarterly taxes. The IRS doesn't care who pays as long as if you are filing jointly the tax has been paid.
He can't cut his income intentionally.. sm
It's written into the divorce decree (if you have a halfway decent attorney) that income cannot be reduced.. and even if it is.. the child support and other payments remain the same as ordered. Been there...and done that..
Monthy Income
I would like to know what short cuts "nm" is using in order to make $60K a year. Maybe that will help us all make more money. Thanks.
Yearly income
I have three 1099's here in front of me -- one for 24K, one for 13K, and one for 5K. My W2 one is for 14 almost 15K. I did work without 1099 in the amount of 3K. The reason that my average goes down on the IRS forms is that after all my business deductions -- which includes my health insurance and 401K and Self employed retirement fund, mileage, supplies, etc. it goes down to less than 20K. Believe me or not, but it is possible and I still have time to go on the boards. I do not work 60 to 70 hours per week.
I have my own accounts and my income
was around $38,000. That is around $3,100 a month. I work M-F and usually work 8-hour days, though there are times I need to put in an extra hour or two on the weekend or in the evening when the work is really coming in. If you work for someone else, that person is charging at least 3-4 cents per line over what they are paying you in order to turn a profit, so if you are making 7 cpl, you can bet they're charging at least 11 cpl, if not more. At 11 cpl, if you can achieve 1400 lines a day, that would be around $3000 a month. That would be 175 lines an hour and that is not an extraordinary amount for an experienced MT with Expanders and other production tools in place. I would venture a guess that most saying they make that much have their own accounts and those making less than that a month work for someone else.
Low income housing?
My sister is getting divorced and wants to move into this place that bills itself as "low income". They told her they would take 30% of her income. BTW, she is also an MT. She says she makes about $1350 a month, but has a van payment and various bills. I am asking on here because the place won't answer any of her questions right now. She needs to be moved by the 15th of March. I am wondering if anyone knows how they can take over $400 of her income and still call themselves "low income" that doesn't seem fair. I knew a lady that lived their with one child and paid less than $10 a month. I mean what about her other bills? She has 4 little children (twins 4, and 6- and an 8-year-old). I hate to see her move in there and overpay. My mom and I don't know what to tell her. She's been through quite an ordeal already. Any help would be appreciated. Thanks! Aunt Maria
annual income
Watch out, you will be accused of being childish from the same person who refers to "some" fellow MTs as unfortunately not having a brain. Hmmm, pot calling the kettle black? That was so rude and so not called for.....is that necessary!
20K is my taxable income
Boy you guys do not know how to read financial statements or know the first thing about running your own business. That is my taxable income. I start out about 55K and end up paying taxes on only 20K if that. I support myself in a very unique lifestyle living on a floating home. I contribute 15K to a my own retirement fund. I have NO debt. And I probably spend no more on gas than if I were working at a hospital but I get to deduct the mileage which is a good deduction. The only outlay that I have that I would not have if I were working for someone else is supplies -- sticky paper and toner. I have looked at employee versus IC or business owner and I am so much more ahead financially doing it this way. A lot more usable income. And I only work 30 hours per week even with deliveries and pick-ups. So before you speak, learn how to realize what is net, gross and taxable income.
loss of income
I think this is happening to many of us in this profession. I am making two thirds of what I made 13 years ago and there is no way to get clients in my area as one hospital went out of business, two merged and gave the docs laptops and the largest only uses one service and has a 10 year contract but I have heard they are giving all new doctors laptops too. The hospitals in my area own most of the clinics, family meds and speciality offices too. Time for me to think about something else.
income taxes
Hi - Now working as an IC. Can anyone tell me what form or format you use when filing your taxes to list deductions from work-related items. Would appreciate any help on this. Thanks
Income potentials...
There are so many variables to that, but since no one has posted yet...
I think the average for a newbie (which you will be starting out until 2 years) is around 5-7 cents per line. The average after your "2 years of experience" goes up to about 8-10 cpl. There are so many variables, and every company is different. Of course, if you were to be running your own business, that is another story altogether, which maybe someone else will respond to (as I have no idea on that). Most companies require between 1000 to 1200 lines per day (full time) to 5000 to 6000 (part time). That is my understanding as a general rule. I'm not an expert, but that might give you some idea anyway. There is a website/magazine called Advance for HIM. They have a salary survey on their website for MTs you might find helpful.
Hope this helps!
Rae
Just report your income
Keep copies of your invoices, and just report your income from her. Some do not provide 1099's. It is your responsibility to keep track of your income and report that.
|
