NO!

unless you are desperate for work and/or they offer something that will offset the extra expenses i.e. self employment tax.

• Is it worth being an IC at 7.8 cpl? - NM
  • NO! - XMQ
  • MTs have been responsible for their own DEMISE. (sm) - chrissy
    • Me thinks you are way off base. - see message
  • 7.8 as an IC - Gr8tfulMT
  • What is your experience and knowledge worth? sm - MTIC24
  • Try being IC, try being employee. Then decide - which is best for you. nm
  • If below post was about that MTs experience as - IC, she had bad advice on what IC was about.
  • what do you need to MAKE per hour? take that x 3 and that's your ans. (sm) - chrissy
    • Very good...very good answer. Right on the money! (nm) - elevalady
      • No, it's not. Poster says nothing about deduct. - and her tax estimates are WAY off. nm
        • I'm repeating what my accountant told me. Go argue w/him I guess. - chrissy
          • And you would have paid that much as an employee - Patti
          • Not all accounts are good accounts. One - problem is your "piddly little deduct." SM
            • good for you - chrissy
              • Yes, good for her!! - sm
                • Only 50%, 1/2 of SS is deductible - Patti
              • The BTK killer was also respected member of - his community. Doesn't mean a whole lot. nm
              • What may be drawback to U, others see as - advantage. Just matter of what U want for U.
    • What ungodly taxes? And what overhead? - SM
    • You have those if you are an employee - Patti
      • hidden costs by being an IC - chrissy
        • Sorry disagree - Patti
          • I agree with Patti...sm - Diana
          • So true. Agree to each his own but benefits of - IC so great, dont know why others deny it. nm
            • Envy? Bitterness? Can't hang with the big dogs? - sm
              • What??? This makes no sense. - nm
        • The match that employer would pay just 7.xx%. - What you pay for own insurance is write-off.
  • Bottom line, if your time is adequately - compensated by size of paycheck, is worth it.
  • You don't give enough information for ANYONE to answer this post intelligently. - sm
  • You have to decide that for yourself. Write-offs, - time flexibility, being own boss,what is worth?

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