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Will it be a yearly thing now?

Posted By: PC on 2009-02-25
In Reply to: Remember, they just came out with BOS3, - see message

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I pay yearly.
I always pay yearly. I have worked as an IC for 10 years. I have never had a penalty. A family member also has worked from home for over 20 years and has never paid quarterly. Just pay on April 15th and you should be fine.


They don't do yearly updates and never have. If you must
get hysterical about something at least get the real information about what you are carrying on about. Statements like this just make folks dismiss what you are saying because you don't know what you are talking about.
I do taxes yearly, too.
x
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. 



yearly wages

Last year had small MTSO two part-time IC's working for me, worked as employee parttime in clinic.  Worked 50 hours per week.  Made -- myself not counting what my IC's brought in -- $62 K.  Starting June 1st, quit the employee position -- divorce attorney fees paid off, no IC's and keeping my 4 accounts,  will work 25 to 28 hours per week and make approximately 40K from these four accounts per year.  If I get stuck and need more will do overflow for another MTSO.   But too many headaches and time to take some time for myself.  Looking forward to it.


Patti


I pay yearly also....per my tax accountant. sm
It doesn't matter as long as you pay - quarterly, yearly, etc.

Yearly raise? What's that?
I've been waiting for 3 years for a raise I was supposed to get after 6 months. 
Waiting for what? They don't do yearly updates.
What else is there to say? But if you want to keep on whining about something that is untrue be my guest.
yearly physical (joke)
I went to the doctor for my yearly  physical. The nurse starts with certain basics.

How much do  you weigh?" she asks.
"115," I say. The nurse puts me on the scale. It  turns out my weight is 140.

The nurse asks, "Your height?" "5 foot  8," I say.
The nurse checks and sees that I only measure 5' 5". 

She then takes my blood pressure and tells me it is very high. 

"Of course it's high!" I scream, "When I came in here I was tall and slender! Now I'm short and fat!"

She put me on  Prozac

Paying quarterly vs yearly

When I read the post regarding going from quarterly to yearly for IC taxes I got excited.  I used to pay yearly until my tax guy told me to pay quarterly which I reluctantly started doing.  All those years I paid yearly the IRS continued to send me quarterly tax payment vouchers which I ignored.  Ok, so my point is, I just got off the phone with the IRS, explained my situation, IC who works production, doesn't make the same month to month, year to year and she STILL says I HAVE to pay quarterly and at the end of the year send in form 2210 which I think she said is an annualization form which will enable you to escape any penalties for sending in less if you made more last year.  I do know if you have children there are circumstances that will enable you to file yearly rather than quarterly but I have no children at home so I didn't really pay attention to that. 


Stedman's with the yearly updates. nm
s
no, annual pay used to be $500/yearly 4 india
x
The Stedman's and then you buy the yearly updates afterward. nm
s
What happened to their advertised yearly raises? sm
Oh, I remember who the owner is and am not surprised.
how do you get away with paying yearly? the IRS determines if you should pay quarterly so
unless you are having a great deal withheld from hubby's check and only paying a little bit from yours, I do not see how you can be complying with the law by paying yearly. The IRS doesn't like that. They want their money NOW!
I work for a national, $600 yearly deductible and 15-30 copay
nm
Yearly income to expect as full-time... (sm)

employee (not IC) for a national?


don't count on raising rates yearly as an MTSO.

As an MTSO, don't think you are going to increase your accounts *yearly* (the word you used).....good luck if you're taking that route!!


I have my surgeons for a decade due to they pay very well and I have NEVER raised their rates because then they COULD choose to go elsewhere for less.....just my take.....


I also worked for nat'l services for years and they rarely raised their rates to their clients, as they, too, never wanted to lose any accts.


Good luck to you, whichever way you go!!


Need advice on yearly line count raises please. sm
Could anyone please give advice on how much a yearly raise for a line count should be?  What is good, what is bad, what is average?  Thank you in advance.
Yikes...2-3 reports pulled per pay period here, not yearly..
sorry to see quality isn't a big issue at your company.
Yeah, the IQ's are as ridiculously high as the make-believe yearly pay we often get quoted on her
If you believe any of this crap you really need to get out more.
In my area, the doctors do these tests automatically as part of your yearly exam -

And on my local ER account, if you're a female and show up at the Emergency Room, they will automatically do a pregnancy test on you, even if you've had a hysterectomy.  I think it's a huge scam.  The kinds of tests that are becoming "routine" is getting just plain silly.  


 


Since yours is so old, you'll need the regular full-price version and then yearly you order the
s
Ebonics: Not a black thing or white thing. (sm)

I don't think there's any cause to get upset or defensive here.  Look it up on line...even colleges are offering courses in Ebonics!  ...well of course they are more sociology-type courses, but still, people are PAYING to learn about the why's and how's of this "other" language.


A quote from one of the sites I found:

"UT-Austin's "Introduction to the Study of African American English," teaches students that the sentence, "Nobody didn't leave" is not "mainstream English with mistakes," but rather a legitimate English dialect. "Ebonics: Myth and Facts" and "African-American English" are both offered at Harvard. Penn and UCLA also promote Ebonics as a legitimate dialect in, "Introduction to African American and Latino English" and "Afro-American Sociolinguistics: Black English," respectively."


Here's the link: http://www.academia.org/campus_reports/2002/september_2002_2.html


 


Best thing - I am my own boss and my own emloyee, worse thing - I am my own boss and my own

:P


A "man" thing? What the heck is a "man thing?"

"I was told it was a "MAN" thing and everyone does it (i guess all men)"


whenever anyone takes an action and relates it to a whole gender and then tags on everyone does it....well, I guess there's your answer


And the best thing of all, it's
s
Thanks gj...the only thing I can tell you...sm
is that I just worked some overflow stuff and kept looking until I found what I wanted. I am lucky enough not to have to depend on my income right now, so I was able to be much more picky. If you would like more info, let me know and I can email you. Hope all works out well with you and thanks for the good wishes.
one more thing sm
I was only referring to the bitter ones here who work for MQ, not all MQrs.  I am one of the MQrs, ya know! Please get your facts straight before you post a response!
One more thing... (sm)
Tell her if she is willing to travel, there are PLENTY of jobs for traveling coders.
I just had to add one thing (sm)
You need to stop thinking you are owed, whatever the situation may be.
Hard work does pay off and if you're working for the wrong people, there are many more out there. I've found a lot of "wrong people" in this business, LOL.

one more thing...sm
I suck at OP notes...does this matter?
YOU ARE SO RIGHT - IT WAS THE BEST THING I EVER DID ALSO!
And I too heard from companies I didn't even know existed!

I was told by a couple of them that they don't post on this board because they received calls and resumes from people who did not read what the positions were for and it was a nightmare. They made requests for no overseas need apply and of course, overseas would call and apply. If it was a certain requirement, say 5+ years experience, newbies would apply. Just things like that.
same thing
This profession is going to hell in a hand basket.
The only thing I have to say is sm
why on earth would anyone stay with ANY company if they are treated so poorly?  A good MT still has a whole lot of options.  Assuming these complaints about SS, MQ, KS, Spheris, whatever company, are true, why do people continue to work for them?
one more thing
Go you for watching something that is hard to watch and for trying to inform yourself and others, please spread the word, what an idea to get this into schools, but probably will never happen. There are many videos out there that you can purchase for nominal fees and hold private showings for friends and family members, one person tells one person and so on, keep the information flowing!!!!
one more thing (sm)
If you are talking about disability insurance on your mortgage, credit account, etc. be very, very careful when you purchase it.  Read the fine print on the contract.  A friend of mine is terminal and had disability insurance on a number of her accounts.  The one on her second mortgage is still paying.  She had one on a credit card and those weasels charged her $15 every month for the insurance fee, paid $16 on the balance of her credit card each month, and then after a year said they were done paying!  Read the fine print!!
My dad is going thru the same thing....
From what I was told he is having all checks made out to her estate and not him personally (he is the executor).  She had some stocks ($2000-$3000).  If the checks were made out to him he has to pay tax on them but if they are made out to my grandmother's estate then she is responsible but since she did not make enough money in 2005 there will be no taxes taken out.  I may be wrong but that is my understanding of the situation. 
VR may NOT be the Next Big Thing...
MedQuist has been trying for years to push VR on the hospital radiology department I transcribe for and they absolutely REFUSE to use it. MQ was always like "try it, you'll like it" and I believe they did try it one day and that was it. MQ finally gave up. So there is hope for us all yet!
My son did the same thing.

He was in football and really did well.  Everyone in the family always talked about how great he was with football.  Then he decided to quit one day.  I was so disappointed because I knew he could have gotten a college scholarship.  It is SO tough to be supportive of someone when you think they're making the wrong choice.  My Dad got on my son's case about being a quitter and an underachiever.  He really came down hard on him, so I had to defend my son.  In defending my son, I changed my own thinking.  I realized that although we give birth to these adorable little babies, they are their own person.  They're going to do things that we would have done differently.  What can you do?  You can't impose your will upon them.  We all have dreams for our children.  However, their dreams are more important than our expectations of them.


My son just did the same thing...

to him and we all had to adjust our schedules to accommodate him and he just quit.  This was going to be his senior year on the varsity team.  Unfortunately, he did not participate in anything else for his whole high school career, so now he has no activities resume.  You can't tell him anything though.  He does do extremely well in school and takes several APs as well, but it was disappointing.  He was going to try to get an internship with our local hospital, but of course, that never panned out.  Now he works about 15 hours a week and hangs out the rest of the time.  His attitude is getting really crappy too, but his father won't do a thing about it.  He took his car the other night, but gave it back to him the next morning.  Yeah...that really taught him a good lesson :(!  He has been really frustrating me lately.  He is a great kid and when he is good he is the best, but when he isn't, he is just unbearable.  He's not into drugs or drinking or partying and is a homebody, so I guess I have no real complaints.  Maybe it's me not handling his new "adultness."  pheww....that was a vent and a half! 


Same thing here
Arizona-- not even in the HOTTEST part. Couldn't stand to live there any more. I am anxiously awaiting fall, too.
Going through the same thing.
It is VERY frustrating.
I did the same thing...
There were 3 different times I have done this.  Twice, I needed to be out of town and once last month when my daughter had surgery. It wasn't so much the money as making my minimum lines for my phone reimbursement, which I am still waiting for after 6 months of putting in the second line, but that is a whole other thread!
and another thing
That's how I even learned what a macro, expander, acronym was - when I worked for MQ/TL 10 years ago.   These are tools now thare are quite invaluable to me.  $120 investment was worth.  Sounds like a lot, we probably spend that on the first two isles in Wal-Mart.......
same thing

happened to me.  I canceled the credit card.  Also recently when I had to find a new physician/medical group, I asked if they outsourced to another Country and if they did I did not choose them.  I wonder how many patients would stay with a physician/medical group if they knew their records were going somewhere else, granted some have no choice. 


It is one thing to have fun, but that was
disgusting and perverted. I bet that guy was a molester or something.
I get the same thing
It's a big joke. They don't realize how they are pushing people right out of their once great company and they are heading right down the tubes, under bidding jobs, promising things they can't keep and taking it out on who? The people who make the money for them. With MTs, no Medical Transcription company!
I only have one thing to say...sm

I agree wholeheartedly!


It really ticks me off when someone has something positive to say about MQ, and then they get bashed to death!!!


Like so many times before it has been said; If you aint happy, there's plenty other places out there to work.  FIND ANOTHER JOB!


And don't hate on the rest of us who are happy with our jobs, be it withMQ or anywhere else!!!



one more thing...
Don't plan to drive through Cuba NM on a Friday or Sat night unless you like being stuck in traffic (I hear its a big thing to "cruise" there on the weekends and hear they drive very very slowly).  I have never been there myself but can believe it because some people in NM really love and make an art out of tricking out their cars and showing them off.  Someone can correct me if I am wrong.  I think it holds true for a lot of small towns, just this one in particular I have heard mentioned more than once.
One more thing........
If you re-read my EXACT post, you will see that I said it will be DIFFICULT TO DO BUT I WILL MANAGE.

My kids DON'T have set schedules on when they wake up, need a changed diaper, are sick, or get hungry or thirsty, therefore, that makes it difficult for me. Again, I am 100% happy with MQ and am not complaining, just simply stating I will adjust. What gives you the right to attack me for stating that?