No, SE means you pay part of your FICA and SS and state tax. They do not deduct it all.
Posted By: SE on 2005-07-26
In Reply to: What do you mean? They pay/deduct all but state taxes? - New MQMT
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What do you mean? They pay/deduct all but state taxes?
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I think she means the labor inducing part. NM
NM
And the "original equipment" part means you can only install it on one machine.
nm
Hey Alison, congrats. What part of the state are you in?
Just curious. Didnt know there were any of us here!
in your world, part of the circle of life means your cats die an early death?
When they are attacked by the neighborhood dog, get hit by a car, or picked up by someone who causes them harm and that is fine by you because they are living out their natural lives?? My cats have wonderful lives as indoor-only cats, get plenty of exercise and love, and I never have to wonder what has happened to them. Good luck to you.
FICA
FICA is figured into your federal taxes --look on your past taxes you will see where your social security is figured. It all goes to the Federal government.
re: paying your FICA,SS etc as SE
I beg to differ with you! Been with MQ for 17 years, they have always paid my federal & SS...they do not deduct any state taxes for SE's, and this is the only one I've ever had to pay.......never been audited about having to pay part of the above and have professional tax folks do mine, again, think you need to check your facts on this one.
it's spelled right. Exo means outside and you know what phrenic means. nm
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They want to deduct your salary from their
business expenses - so if they have NOT paid you, do not cooperate. Send them a registered letter stating simply the total $ owed, and enclose a self-addressed stamped envelope for their convenience - ha - and hold out signing any forms until YOU GET PAID!! What nerve they have!
Even when they deduct your entire (sm)
report if you make one error that QA doesn't catch and the hospital does?
Seems to me like QA should get dinged, not the MT.
TRS is your typical admin-heavy, treat the MT like a number company, made more offensive by their assumption that everyone in America is "Christian" and will adore prayer requests and other off-topic crap on the company email.
You can still deduct your MT expenses if your and IC - sm
regardless of taking the standard deduction. Your write offs for MT are on the Schedule C (not B). My husband and I take the standard deduction as we don't have enough on our Sch. B; then I write off all my IC deductions and report my income on the Sch. C.; putting the bottom line (income minus IC write-offs) on the 1040 line 12. So I am not quite clear on what you are talking about but I know how I do it is how most of us (if not all) do our deductions. You may want to do an amended return.
Yes you can deduct it. Employees get
the same deductions many ICs do particularly since so many companies do not pay for large office space any longer, power, etc. If you have any question at all about how to do it, ask your accountant but Turbo Tax walked me through it last year and this year too. It used to be that they did not ask, but now they do and you can deduct your office based on the size of it and the mortgage etc.
What many offices used to have now belongs to us that work at home and yes, we get that benefit because the offices definitely cannot legally deduct for this. Some companies reimburse for your internet. Oh whoopie. Less are providing equipment. So now we do get to do a whole lot as employees because the costs of these necessities for work have been placed on us by cheap employers who try to get by with as little expense as possible.
You can deduct many things when you are an IC - sm
Obviously since you were only an IC for 2 months in 2006, you can only make deductions for those 2 months, electricity for your home office, supplies, internet connection, phone, if you bought a computer for the IC job, use of your home office (a small fraction of your mortgage)---now if you are planning to move the smart thing to do is not take the home office deduction, it causes problems, a tax professional can explain all that. I take everything but the home office deduction as we have been saying for years were are going to move, and I figure if I finally do it, that will be when we finally do move, I'd probably be able to right off anohter $1k if I took it. So I end up writing off a percentage of my electricity and heat, phone line, internet, computer (took that deduction a few years ago), computer chair, printer supplies, reference books, programs, etc. You get the picture. Anything that pertains to your job you can write off basically. If you drive and pick up/deliver work, you can write off your mileage, just keep records. I have had both employee jobs and IC at the same time, best of both worlds in regards to taxes. I would have extra taxes taken out of the employee job to cover my IC taxes, though my DH has extra taken out and that has always covered my taxes so far. It is not hard to do, use a spreadsheet and let the computer do the work for you.
No, it's not. Poster says nothing about deduct.
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You can deduct A LOT more than just office
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Work for a company in a state that has no state income tax
I think there are 3 or 4 out there (Florida, Texas, and a few others.) Then you really avoid the tax situation.
You can deduct your work stuff, i.e. all of above, but you will need a Sch. C - sm
I believe. I think you need that schedule (vs. the CEZ) in order to write all that off. The computer would be line 13 and you can take a section 179 deduction for the entire amount, for which you need form 4562 (lines 7-12 and 24a-29). It is not difficult to do. For your state taxes generally (presume every state is different though), you take line 36 off your 1040 (if you are using a 1040) and that amount will contain your reported income from the sch. C (which has your write-offs) - Good luck !
deduct for errors, infomatics
thatnks for your response. it's in the contract i got from them sat. i am supposed to start training tomorrow. my friend works for them and loves it. i'm a little bit more skeptical i guess. all type never called me back and that was me. i have applied to lots of cos. this weekend and will probably hear from some tomorrow. i had my own service and am technologically deprived. we had tapes and c phones, no internet voice. this is all new to me. infomatics does say they pay ins. now if you are full time.
deduct for errors, infomatics
Just curious but where did you obtain this information? I've heard there is another company, (who will deny it but the MTs swear it happens) who deducts for errors. I do not know this firsthand, however.
Did you take the job with Infomatics?
When I spoke with them about a year ago they were at 8 cpl and just in case - they do not have insurance coverage, which is something I must have.
Also, did you make a post earlier about a company All Type and the recruiter didn't call you back? If that is you, did they finally call you - would you consider working for them at this point?
I have always tried to research any company I think I would like to apply to, prior to applying. I even go so far as to check their Dunn & Bradstreet scores, because I want to know how financially stable they are or are not, if they pay bills on time, etc. But I'm a little OCD and AR...LOL
Well, I've rambled enough...BUT,,,,Please let us know what you decide and BEST OF LUCK :-)
DEDUCT FOR ERRORS, INFOMATICS
Do all big co. deduct for less than 989% accuracy. They deduct 5% Really leary of this company and am supposed to train tomorrow. Seems it stays at 8 cents forever with no differentials or anything.
If married, have husband deduct more
You say you are married have your husband deduct more. They don't care who pays the taxes as long as they get paid. If you owe over a certain percentage they can put on a small fine but to me it didn't bother me and the few times I had to pay, I did it at year end. When married though just had my hubby do one less dependant or single instead of married and it worked and most of the time still got a few pennies back. But I keep a running spread sheet and on my Quick Books of what I am making, what my deductions are, etc. to keep ahead of the game. Am always budgeting for next month and next year.
each co. sets their own % to deduct, there is no standard
You would need to check the QA policy at your company to see what they deduct in points or percentage for each type of error. What Spheris does versus TTS or Medquist or whoever, it's all different.
MTSO will deduct for errors?
Hello everyone. I signed a contract that my company can deduct for a certain percentage of errors or too many blanks. Is this the norm? Please advise. I have 10 years of experience but I am still concerned.
Was told could deduct pet expenses. sm.
If it is a dog and is over 50 pounds, you can claim its food, vet bills, pet insurance, vaccinations all that as long as your business is run from your home. It applies as a guard dog. It does not matter which breed the dog is either. This is the state of Missouri, not sure about other states.
I am gonna try it as we shelled out alot of money over a period of time for a dog that was poisoned. Luckily, he lived.
The easy part is making the decision to leave, the hard part is
actually doing it. Been in your shoes and it took me a year and a half to leave after I had made the decision to do so. It was the best thing I have ever done for myself and my girls. I had family and friends and a counselor telling me what needed to be done and I knew what needed to be done but until I had the courage on my own to do it I stayed. One day, we had an argument and he spit in my face and that was the last straw for me. Even though it is something that I will NEVER forget, that day is also a day I will never forget because it is the day that I took my kids and left. I am a single mom of 2 and have been single and supporting us for 5 years now. I have been healing ever since and still am to this day. You can do this. I know that if I hadn't have left and I would have stayed one of us would be dead by now or both.
I also live in an apt complex and plan to deduct
75% of my ISP, 100% of my ULD and I am considering 50% of my utilities (haven't decided on that one yet).
The reason I won't file for paying taxes is this. I live in a large apartment complex. Most of the complex is located within city limits, but I live in the back part which is actually located in what is considered as incorporated county. So, you can see that the property management pays a different tax rate for the majority of its property from the location of my apartment and because I cannot hand the IRS a statement showing I paid XXX amount in property tax, I will only claim the square footage...something I can prove in writing by printing out the floor plan, taking pictures of the office, and having a copy of the lease.
I tried to deduct price of deck by sitting out
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Doesn't matter....they deduct 25% (or more) from your TOTAL lines - NM
NM
Can an at home employee deduct a computer on taxes?
Can deduct portion of mortgage, utilities.Equip
x
deduct telephone, electric and portion of house payments.
Hope this helps!
Name a state and put every company in that state under suspicion.
Tell what the first letter of the company is and every company with that initial will be suspect. I would imagine that everyone who works for that company has received an inquiry from department of labor, so they would all be aware of it.
Why do we persist in setting up companies to be torn down when there is no reason for it. If a company is suspect, then give the name of the company, don't give big hints that cover at least 5 companies, 4 of which may be the best companies to work for, but fall into the category of an alphabetical letter, etc.
Contact your local BBB in your state and in their state if different from yours.
xx
Not mandatory, as you state it depends on your state - sm
or county. Where I am I do not need it; though if I was cutting grass or landscaping I would where I live, makes no sense to me as I am providing a service, but very happy I don't have to have one. We pay personal property tax here and I would have to list all my business related equipment and pay taxes on it every year I was in business. So until I am told otherwise by my county, I will not be getting a business license.
deduct everything you can think of, electricity, phone, home office if you chose to, supplies, inter
you get the picture. I don't do the home office deduction though because we keep saying we are going to build on a lot we have and things get screwed up with taxes due to this, something with depreciation, not really sure, know someone who had this problem though, owed a lot back. When we do move, then I will take it since I know it won't be an issue then. I write off about $2-$3K a year which helps some. Was paying quartly but have not done it in 2 years as I usually don't owe more than $1200 and my husband has extra taken out of his pay, so that has always, so far, taken care of any taxes I have "owed". -- Check out the IRS website they have plenty of info on the subject.
Thwap the husband on the head, buy the keyboard, save the receipt, deduct it from your taxes.
I wouldn't even ask my husband for something like that, any more than he asks me if he can fill up his car with gas so he can get to work! Sheesh! What a prince of a guy you've got there.... You get your keyboard, girl!
I deduct all expenses that relate to my home office-% of utilities, taxes, repairs to that room, --s
mortgage (we do not plan to sell our house so this deduction will not affect us)as my office is used only for that purpose, internet, phone, I print out a daily schedule so paper/ink, computer repairs, pens, pencils, tape, staples, file cabinets, storge bins for tax recepts/tax returns,file folders. Anything/everything I use to do my job.
I was using mileage for another account where I pick up tapes every day, but found for me the time it took to keep track of the mileage, write it down, add it up was not worth the effort so I quit doing it this year.
varies from state to state...nm
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deluded are ye? state by state..sm
http://www.washingtonpost.com/wp-dyn/content/article/2006/05/15/AR2006051501201.html
http://www.votefraud.org/vote_fraud_articles_by_state.htm#VO
http://www.votefraud.org/
Some people just CHOOSE to live in DE NILE (DENIAL) and we all see you are ONE OF THOSE.
Some of us CHOOSE to go through life as a REALISTS!
  
Things are different from state to state, but I think
you probably could, if you are actually "laid off." You would have to get a letter from your surgeon regarding your temporary disability status and take to the unemployment office and to Medicaid....but you know how Medicaid works, 1.5 pennies over the income limit, you don't get it. But, as I stated, laws differ from state to state, so you would have to inquire or go on their websites and see what they will approve and what they will not.
If not in your state, try filing in THEIR state. Then they
nm
Each state has different laws. Where I live, if I have clients in the same state I live in, yes I ne
have clients from another state, no I do not need a license. Every state is different. I checked with my attorney and the State Business offices.
What's up with the CMT part A and part B exams?
I thought it was all one test. How can a half a test last 6-1/2 hours? If anyone knows, please share your info! Thanks!
Does anyone know if you are a part time employee for 1 company and part time IC for another can you
still claim deductions for IC on your income tax even though you are one of each.
Depends on how part time the part time jobs are.
You can do it. You just have to work out a schedule you can live with.
I think what she means is....
Kent State had a lot of conflict when Nixon declared war and the students were rioting. They were vandalizing and burning property, fighting. They called in guardsmen. The guardsmen threw tear gas canisters into the crowd to disperse them and the crowd starting throwing them back. The guardsmen started shooting into the crowd. People are still not sure why they started shooting. I think nine people were shot, 2 died or something like that.
Anway, I see the point though. Things happen at college, does that mean you shouldnt send your kids? And if you do, are you a bad parent and deserve to be judged?
What about the parents that send their kids to school the day of the Columbine High School shooting. I guess they deserved it because they were there?
Please tell me what this means...
I have been trying to figure out for the last five days since I started frequenting this site...but what in the world does it mean when people put things like nm and sm in their posts? This is driving me NUTS!!
Not sure what that means. Can you
tell me what ME in the letter from MQ mean? Thanks.
What she means is (sm)
that DocQScribe does not count the characters that you input into the demographics screen, even if you have to do it all with nothing imported. This means that characters MTs previously were paid for -- patient name, dates of service, referring physicians' names, courtesy copy names/addresses, are not compensated. If you do a lot of little reports, that will mean a HUGE decrease in line count, whereas the impact won't be so bad if you do mostly long consults. Unfortunately most companies seem to be going this way, even the very nice company I'm working for now which has me hunting through blurred PDFs of faxes to find the patient information (I'm hanging in there because it's a new account and they say they'll have the demographics imported). At MQ and DSG DQS paid for spaces; I've heard that Accuscribe does not. The "red headers" are paid for. As you say, it's simple to check your line counts using Word or MedPen's counting program.
As lovely a platform as DQS is, the overall opinion seems to be that line counts drop dramatically when using it. I don't know if that's really always true since the second day I worked for DSG I did 1500 lines, but I know that I had to leave MQ after DQS as I never was able to make the money I felt I needed. There are still a few good companies out there, but you have to really search them out.
You know what I think this means? sm
The letter says pay rates are based upon experience, skill, and work difficulty.
This leads me to believe, in conjunction with what you are saying, that our rates will be based on the above criteria. Each MT has probably been evaluated and given some rating score or something that will determine each of our "specialized new" base pay.
What I'm anxious about is the fact SE is not mentioned. I have a feeling (JUST a feeling -- since employee was the only word used) they are doing away with SE. If so, no more quarterly bonus and the IRS perks that go along with SE status. That will make me VERY sad.
does anyone know what this means...sm
When I try to log on to DQS, I get a message that states that my user profile failed to download...anyone know anything about this?
Of course, I work for MQ, and hate to call them, cause it takes forever to get an answer to a simple question, so if anyone has any ideas, I'd appreciate it!
BTW, I have already logged out and in like a thousand times, plus restarted my computer, so that's not the problem. TIA!
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