SELF-EMPLOYMENT FANTASY
Posted By: Alice on 2008-11-25
In Reply to: Self-employment - Cheryl B
Am I living in a dream world thinking that I can actually find clients that will allow me to establish the rules by which I will run MY business? Or, does being successfully self-employed in this industry mean that I must allow the clients to walk all over me? I am flexible to a degree, but just want to be able to set limits while still being able to make a living. Maybe I should find some other industry?
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A mere fantasy
Perfect voice recognition?
Ranks right up there with perpetual motion.
It will never happen. But you go ahead and believe that if you want. I can only assume you have been sold the illusion of voice recognition.
Too many words in medicine sound the same and are spelled differently, which requires a human brain to decipher.
My take on that is that alot of it is pure FANTASY.
Just to make my minimum lines, I'm working 10-11 hours days, plus at least part of Sat., and am making about $23,000/year. And I'm not a newbie, either - been at it for over 30 years.
Definately ruins any fantasy I ever had about cowboys!
x
Got so excited about my fantasy, the name did not make it...Andy Garcia! nm
nm
Sleeping all day long while my little fantasy slave does my lines LOL :-)
Wow... you vacuum every day? Dang, I'd never even get 50 lines done a day if I did that. I maintain and clean seriously on my one day off, but... hats off to you, sister!
MT employment
I would be interested in getting into any kind of MT employment. 
Employment
Hi Cheryl - Can you email me at deb@medicaldictation.com?
IRS says I owe $$$ for self-employment tax (sm)
I just received a letter from the IRS saying I owe over $7000 for 2003. It looks like they say I owe self-employment taxes for that year. I was an SE that year and employed by a national. Is this a mistake? Has anyone else had this problem? I'll call or go to an office tomorrow. I'll be up all night working anyhow, but heck knows what I'll be typing while I contemplate this...
Again SE do not owe self employment tax. nm
:
That is what self-employment tax is for - sm
as stated below you fill out a schedule C and a SE when doing taxes; this takes care of your FICA (SS) and Medicare payments.
Self-employment
Just wait and see what happens. Don't panic yet. It is not worth it financially, but worth it for the flexibility. I just gave up 10 years of being self-employed and flexible to go inhouse for a sure job.
Self-Employment Taxes are different, hun.
If you're getting a paystub, you're not self-employed so I don't know what you're talking about. Small business is taxed heavily in California.
employment opportunities
Have you thought about getting into medical record coding? I have a friend who went back to school at age 59 and is now coding and she had no medical experience at all -had worked for Nokia and Motorola for years and got tired of the layoffs - she loves it other than getting the overseas dictation to decifer - but that would be easier for you as an experienced transcriptionist. It's just a thought - but you would probably breeze through the course or might could find a hospital that would train you doing ER coding.
self-employment taxes
Can anyone tell me how much I need to pay for self-employment tax? I'm thinking about taking a position as an IC and I don't know what percentage needs to be taken out for taxes. Please me tell what ya'll are doing. Thanks!
http://www.oracleti.com/employment.htm
x
It depends on employment status.
When I was an employee at the hospital, they paid for my phone lines. As an IC, I pay for my phone lines. I've only worked for one company that required me to dial into their system using my phone line, and that didn't work out due to constant phone calls bouncing me off their system. Now I just have one phone line and DSL, so I won't work for a company that wants me to dial in to a Lanier.
TN doesn't have State self-employment tax?
I'm moving!! :)
I just checked my employment agreement and...
it only says you have to return the equipment, it doesn't say who pays for it. Should I just shut my mouth and pay for it so they don't hold my last check for ransom?
Employment after home study
Does anyone know who will hire a Transcriptionist who has studied at home? Also, will they hire you if you have not been employed as a transcriptionist outside your home? (I have a little hospital experience but years ago).
Court Reporting Employment
How do you get into this field of work?
the self-employment tax IS the 1/2 of your social security...
"On top of the self-employment tax, etc., you don't get the benefit of your company paying 1/2 of your social security so that is where most of your money at tax time goes to. " please don't post if you don't know what you're talking about.
Your $7182 only cost you $538 in self employment tax...sm
you seem to be missing the fact that there is always 15% paid on your income taxes, 7.5% from your employer and 7.5% from you. When you are self employed, you only pay an additional 7.5% (because you are the employer). You pay the other stuff anyway. No way around it. Death and taxes, ya know.
Has anyone had problems with getting responses for other employment?
Your taxes do not pay employment insurance.
You don't have a right just because you want it.
If your unemployment is govt-subsidized in anyway, remember you're riding on my tax dollars too and I say no way!
An experienced MT in your employment is worth
Sorry, but that needed to be said again - for all you MTSO's out there reading these boards, who think it's good business to keep losing top-notch MTs due to dismal pay rates, and simply replacing them with less-experienced (or worse, OFFSHORE) workers, here's a news flash:
A seasoned MT in your employ is a money-maker for you, and they should be paid closer to 15-18 cpl to START... not the lousy 7-8 cpl peanuts you're so callously throwing at them. The people who are sending you dictation are for the most part huge, wealthy establishments that can afford to pay a premium price for the premium quality transcription and "I-want-it-yesterday" turnaround-time they're demanding from you.
So please grow a spine, and charge them for what you're MT service is really WORTH. Don't sell yourselves (and ultimately your MTs) short by always having to bring in the lowest bid for an account. You might just see more high-quality accounts, and less of the *garbage*. And then, try paying your MTs who are lining your pockets with money a fair wage with decent benefits, and see how many more of them will stick with you instead of constantly changing jobs in search of one that pays. Not only would it be the right thing to do morally, but it would be a better for business in the long-run.
Would you wait until your first year of employment is up
to discuss wage increase or would you just get right to it now and not wait til a year is gone by?
question about pre-employment tests
I'm a long-time IC, but new to applying to jobs from a forum like this and am hitting the employment trail! I've applied to jobs that I see on the Job Seekers forum just by submitting my resume on the board. When I visit their own websites, they often have pre-employment tests too. Do I go ahead and take these tests or am I supposed to be "invited" to test for them, like I hear people talking about on these forums? I don't want to take the test if I'm not supposed to yet, but I figure if it's on their main website it must not be private.
Any advice for this new job hunter? Thanks.
I've used TurboTax for self-employment
and never had any troubles at all. I've used them for about 4-5 years now.
It does violate privacy or employment laws.
I've posted about it before because there were MTSOs trashing MTs by name on some of the boards. My mother is an HR director, so she's told me what companies legally can and can't divulge about employees or former employees. Companies are not allowed to prevent people from securing employment, or slander/libel them. Personal opinions cannot cloud the reference. They can only confirm or deny the accuracy of certain items, such as employment dates, etc. I think the most judgmental question they can answer is, "Would you rehire this person?" Yes or no.
Hopefully you're not cheating on an employment test, right?
shame on you
Edited to remove place of employment. sm
That might be a little too much information. 
Quesiton about difference between income tax and self-employment tax...
Am I correct that income tax and self-employment tax are the same and this is what you pay to IRS and social security tax is separate where you pay both portions rather than employer paying half? Confused...
Downloading tests via the Internet for employment
Hello all. I was wondering if any of you download tests online when attempting to work for someone advertising here on the job boards. I just feel a little squimish. I'm being instructed to go to the Start Menu, right click, and type in the file name, etc. and then it takes me out to it online. Does this see like a safe thing to do? It doesn't mean anything is going on my PC is it when I type in the file name and password and end up at a site through Internet Explorer. Sorry for my ignorance or if I'm not making sense.. I just use my computer for a lot of confidential info, etc. and don't want a complete stranger onboard. Any help, suggestions, etc. would be appreciated. Thanks so much.
It is ridiculous to make an employment decision
NM
Benefits with part-time employment?
DOes anyone know of any companies that offer bennies with part-time?
bright spot in the employment picture
I just got a job working for a hospital with a 3/4 million dollar transcription budget whose HIM director wants to bring all the work back in house. He's offering IC as well as employee with bennies/time off positions. The wages are fair, and I'm making a great line count on their software (he even let me install my own word expander). This is a Michigan hospital, but he actually has MTs in other states who work for him. I had to go in house to train, then I went home. For anyone who's interested this is at Covenant Hospital in Saginaw, Michigan.
She didn't put any names or even employment locations with her post --
she simply listed errors she sees. I would keep a list as well; could be very useful in training new MTs or orienting even experienced MTs about what they have had in the past, how easy it is for one to just "type what they hear" and not pay attention, etc.
She didn't do anything wrong.
I can't ever remember a question of bankruptcy on an employment application. They usually just as
s
MT week, did anyone receive recognition from your place of employment?
AND, have you ever done anything for others that are MTs? If you work for a national, ever send them a basket of cookies or anything for MT week? Do you really thing curiosity killed the cat?
Good grief. You'd make an employment decision
Honey, you need to get a grip!
What about your local hospitals, Manpower, employment agency, Monster, CareerBuilder, etc. nm
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