Withholding is the same as an employee status with the exception of state tax.
Posted By: no msg on 2005-07-26
In Reply to: No, SE means you pay part of your FICA and SS and state tax. They do not deduct it all. - SE
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You're probably doing nothing wrong, employee status seems to be the norm with IC status primaril
SE status instead of IC? For me,SE status is heaven -with part of taxes paid and flexibility in my schedule. Have you ever applied to MDI-MD? They only accept qualified, experienced MTs and stress quality in their transcription. From what I read of your qualifications, it sure would be worth contacting them.
Per "see mssgs" comment regarding age discrimination later on in this discussion, I'm 64 - no problem getting hired at a line rate higher than average. Age is not a factor with MDI-MD - knowledge and quality is !!!
Who has gone from IC status to employee status? sm
I'm sure this has been asked a million times, but I am an IC and I am thinking of going to employee status to get benefits. My husband will be self-employed in 2 weeks and we will have no insurance or anything. I love the freedom of being an IC but need bennies. We have no kids but probably will in a year or two. Would like to know who has done the switch and if you regret it.
Thanks
Are you asking about IC status or employee status? sm
As an IC, I must have a contract before I will work. However, never heard of employee status signing a contract.
I am employee status...nm
nm
Not IC-employee status
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What is your status - employee or IC or SE?
If you are an employee they do have the right to treat you like this, however, they should have paid for your equipment and your DSL... if you are an IC you are supposed to be totally independent and not at their mercy - I can't give any advise until you clarify. A SE is another story and not real clear myself on that status.....
I went from IC to employee status.
It was pretty much seamless for me because I was pretty much working the same hours as I am now but not getting any benefits and having to pay my own taxes. This is much better for me!!
Again, it's a little different for employee status
When an IC is subcontracting to another IC, then the hiring IC becomes the applicant's client. So, therefore, questions do need to be asked.
Are you looking for IC or employee status?
I firmly believe that American MTs should not even edit reports typed by foreigners on foreign land, thus enabling the whole offshoring situation. I hope you can be successful in finding a job that does not work with offshore transcriptionists. If I knew what kind of employment you would be interested in, I might be able to give you some ideas on companies.
Just my opinion.......employee status (SM)
I don't ever want to work as an IC again, mainly because of taxes. When you work as IC, you are responsible for 100% of your own Social Security Tax and taxes where as when you are an employee the company matches this money for you. I always dreaded tax time and would come out owing a lot of $ every year no matter what expenses I took off, which was also a hassle because if you didn't keep up w/ everything you ran the risk of being audited and in trouble with IRS. Add to this not much more money per line at all, the expense of owning and maintaining own computer, no PTO or vacation time, and all the other expenses, it just wasn't worth it to me. Good luck in your decision.
10 cpl/gross - employee status, SE
By line, employee status--nm
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IC versus Employee status?
 I am just curious which you prefer, and why? I have never been an IC before and have just accepted an IC position and am a little nervous about it. I like some aspects of it, but some things have me a little concerned. I would just like to get a feel for what you think.
insurance with employee status
I just started with a new company and am about to enroll in insurance. For employee + family I will be paying about $160 per pay period (paid biweekly). That is with a $500 deductible per person/$1000 family. The plan also has $20 copays and a prescription plan.
Employee status question . . .
For an employee with benefis - what happens if you don't meet the minimum line count? How do companies enforce that? I've always been IC and considering changing. Thanks
How about at-home employee status, sm
on salary. That way, if they offer benefits, you would qualify for health insurance, etc.
If you can't charge on production, it becomes difficult to maintain contractor status, unless you become some sort of "consultant" for them.
Or you can be an IC and bill them hourly. If that is the case, just figure out how many hours you spend on their account and charge it accordingly to equal the yearly salary you are seeking.
Hope this helps. Good luck!
I am employee status and I am very happy...
just have to find the right company that works for you and I have :)
Please respone IC versus Employee Status
Can the person who posted the site www.EFTPS.gov please reply to this...
My husband and I are "discussing" the ad/disadv between the two. I know you said IC all the way. Can you please tell me why IC is better? I would be gratefully honored! 
THANK YOU!! 
Yes, Medical Dictation. Have both IC and employee status
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On-site employee status is not cheap either.
Oh well!
I didn't think they hired employee status.
Do receive benefits through them? I was under the impression they only hired IC for transcriptionists, which means you are self-employed and they really don't have to give you any work. If we all sued every time we were "jacked around" by a recruiter or an employer, there would be no more transcription companies.
Not necessarily. Depends on the state and status. sm
My state does not require it. I use my SSN for tax purposes. You need to speak with a qualified CPA and/or your local government offices to find out what is needed in your area.
Do any of you work a split shift? Are you employee status or IC? Thanks!-nm
I didnt "make out well" having to take the taxes out myself. So I prefer employee status.
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I highly doub that MTs (IC or employee status) have begun using Vista; even more unlikely (sm)
for company-employed MTs. Vista will need to undergo extensive testing and scrutiny before IT Directors will approve it to be compatible with their software programs.
How are hiring companies getting away with trend towards IC versus employee status SM
after the lawsuit that determined that IC was indeed an employee because she was told when to work, what days of the week. The company got into trouble with employment laws because of this a few years back, yet I see most of the job postings on this and other sites are mostly IC.
9 cpl, 65 characters per line, spaces, headers, footers included. employee status. nm
Withholding half your check
I, too, think you should check with an attorney. I see no reason why wording like that would even be included in an IC contract, but if it is, you may not have a legal leg to stand on.
Give your notice, work it, problem solved.
Withholding half your check if you quit without notice...
Can someone point me in the right direction where I can verify that this is legal? I'm an independent contractor for a national company. I'm planning to give my notice soon but this part of the contract came up and my husband thinks it's illegal. Does anyone know for sure?
Obviously, you are the exception
The original poster was right, obviously LOTS of people here don't make that kind of money for their talents.
exception
I agree with above, but I have seen the situation (my husband), where he was pulled over and did not have his license on him. He just gave his name and date of birth and the police can bring up that info. It could be that the sister did something similar to this (can't believe a sister would do this - that's awful). Might be hard to prove, but hopefully there is record of when the license number was looked up when the ticket was given.
Is there is an exception to this?
I thought there was a hyphen when it is 0-Vicryl suture (used as a modifier instead of a noun). Am I mistaken?
Good for you, but what about others? You perhaps are the exception.
/
With the exception fo #6, which we have been told
never to do (doesn't make sense to type when you are expanding it anyway), but the rest is correct. Most of us thought that there was 2 spaces after a period, but it has always been 1, we just learned it wrong. I personally would not be too concerned about it, but if the account is concerned about the #1 of lines only have 1 space would add up over a period of time. If you are not doing the above you have been doing it incorrectly. If you don't have a BOS you might want to invest in one.
An exception to MTSOs
I see that my post has been removed. Perhaps it was too inflammatory. . In all my "trying out" of companies across the board, I can say that there are a couple of exceptions to my post about MTSO's. One of them is the owner of Keystrokes. I do appreciate this company for being above-board, line count appears to be accurate and pay is always correct and on time. There are still a few good ones out there.
Possibly, but they are the exception,
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exception error
That is not strictly an Extext error. It may actually be something to do with your Word software. If you are using any add-ins/macros with Word, they can cause this error also.
There is always an exception, but the going rate is
is 9.5 to 10 cpl, maybe as high as 11 as an IC.
you two are the exception to the mommy rule(sm)
Most MT mommies got into this business solely for the purpose of staying at home and making a little extra cash on the side. They try to juggle the kids and MT and the diaper changes always come before that STAT report. And, yeah, I know what I'm talking about because I used to work in the hospital and that was always the way with the at-home mommy MTs. There was always an excuse as to why they couldn't do this or couldn't do that.
Yep, good guy but this situation is exception &
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Me again and taking exception to your statement
I have done the same VR system now for about 5 years. This platform I am on actually does the ESLs and noticed with clear as a bell English speakers it seems to miss more. Go figure.
Excuse me but federal taxes are paid as employee by employee
The ONLY difference in IC is you pay the ENTIRE amount of the SS which is the 15.25%, as an employee you only pay 7.75%. And you can easily make up that difference in deductions. As an employee you just have someone else manage your withholdings and as an IC you do it yourself. I have much more usable income being an IC and not an employee and I am strict about putting aside what I need to. But everyone always says you have to pay your own taxes, well your employer does not PAY them for you -- except 7.75% of SS, they merely withhold it for you. As an IC you are the employer.
You are the exception, not the rule, when it comes to kids w/o fathers.
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You are an exception to the rule. After 20 years, I'd like to be making
dd
Most software works with a USB pedal with the exception of a very few.
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I prefer short reports. With the exception of a couple of
the most wonderful dictators (who really should give lessons on dictating) I find that long reports make me sleepy and looking for any excuse to get up. I type in batches and don't have to save each report individually so having a bunch of reports doesn't add a lot of time. I have found too that most of the short reports (I do Ops/procedures) are things that I have lots of normals/macros for so it goes really fast.
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.
If they're withholding taxes, you're not an IC.
As an IC, you should already be paying taxes. That said, the only benefit having them withhold FICA is that your Social Security/Medicare share will be less. Social Security is 15%; if you're an employee, you pay 7.5% and your employer pays 7.5%. As an IC, you pay 15%. Doing the math, 0.0925 would be your 0.10 minus 7.5%--the 0.0924 is just a tad less than you're making now.
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.
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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.
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