have had own accounts for years, and CPA finally said to incorporate
Posted By: socalmt on 2008-02-08
In Reply to: Anyone own their own MT company? - Bev
I did, and really don't see the benefit....although I'm sure he does since he charges me double for my return now; one charge for personal and one for corporate.
I use IChart dictation system through Dictaphone. It is an 800 number that doctors call in and dictate to, and costs about $100 per month. I think it holds something like 1000 minutes which is plenty for me.
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58, AHP/self-taught, trained at hospital 5 years, now with 2 of my own accounts for 10 years, employ
Also worn out 2 keyboards in 4 years. I will never retire. DH will come home some day from work and I'll be slumped over my keyboard. I put in 14 hours a day 7 days a week.
I didn't file for 10 years either and finally
went to my accountant. He filed all 10 years and then went to the bank and borrowed the money. Took me 4 years to pay it off with nothing to show for it at the end of those 4 years except the satisfaction that it was done.
Right after that, I went out and bought a new truck, paid for it for 4 years and had something to show for it. It will take a little of your time and effort to make the payments, but it's worth it for peace of mind. I remember hearing the phone ring during those 10 years and waiting for the IRS to come get me. Don't live in fear. Do something to get out of it.
Did this for 2 years. Wore me out! Finally, gave one up.
:{
Picked up tapes for years for a clinic. Finally splurged
Drs wanted to try the phone system so I found a used one and it's much easier. Still drop off printed reports but have dictation instantly, especially nice for stat reports. Don't have to wait to pick up tapes anymore. I could see some of my older clients never moving away from tapes, but if you have one that's receptive to it, you might give it a shot. With gas prices now, it's easier to have a few scheduled dropoff days a week and you can always fax urgent documents to staff. I find that the local drs are usually quite loyal to good MTs so that is nice job security. They like the personal touch from someone they trust, not some big chain. My clients even offered to pay for phone system but I bought it so I could write it off.
I have had my accounts for 17 years, through
with me because I provide superior quality and they have had it with national services. I have four separate accounts that I have had all these years. I have yet to lose one of them. All of them have tried national services and don't want to go that route. All of them have had bids from other services and stayed with me. So nice that you are wishing failure on me. But don't worry about me; I am doing fine and will continue to do fine. I'm constantly learning and evolving and getting better. I think you people just like to be miserable, because if anyone comes along and tells you it is possible to make money you call them liars. If someone tries to tell you what it takes, you say it's impossible. You can stand someone making a lot more than you and instead of trying to learn from them to see how YOU can do it, you tear them down.  If I thought the way you do, I'd still be working in a hospital MT department making a lot less than I do now. You have already told yourself you can't do it, and as long as that's how you think, that's exactly what your reality is going to be. No one can change that but you.
I have never actually tried to incorporate my--sm
digital voice player with an FTP site, although my player has that capability, but I don't see why not, as long as express scribe has that capability. good luck.
better yet is when you incorporate
and pay yourself a salary. Then SS only takes from your own earnings, not your business's, as it should be.
Incorporate
I work for a company that is asking ICs to go to employee status or incorporate. Has anyone become incorporated? Reasoning is so we have a tax ID number.
Same accounts at 2 companies for 3-1/2 and 4-1/2 years.
..
I've been doing it for years now....with own accounts, can make more $$ than that. nm
x
Does that incorporate into transcription platform you are using, or just
on the desktop to open and view? I need a medical spell check. Is this the same as what you are talking about? Thanks.
How about zillions of accounts. MQ has these accounts so overloaded even the new hires dont have any
work. I would love to read some of these reports and then they expect perfect QA and no blanks. Did they lose their minds completely.
The accounts are old and she keeps her accounts TRUSTING she hired the right MTs
who if in doubt will ask questions regarding reports. No one can find all mistakes in all reports and that is human to have a report with perhaps a typo. You think anyone reads through all the reports of a national company before they get to the hospital? Not a chance. Some random QA is supposed to correct all mistakes? Not hardly. Doctors/dictators make mistakes too. We all do. So do QA people. So the thing is this person hires good people who are trustworthy, the hospital likes the way she does their account and life goes on quite nicely w/o hovering editors/QA people. BTW, who QAs the QA people on your accounts. Ever wonder?
Not all accounts are good accounts. One
That should not be the case. Sounds like you need new accountant with strong knowledge of IC deduction. We save a several thousand on what we pay in taxes based on what I can deduct as at home IC, $2000 off the top for what I pay my child to help with office chores, as an example. The measly 7.xx% I pay that an employer would pay is well worth my independence in being my own boss.
MQ finally getting to me too
I can relate, MQ finally getting to me too. I'm about at the same place, just unsure where to go from here, not wanting to get in more of a mess! I was originally with ddi from 1991, MQ bought in 1997 or thereabouts - I have had ONE raise since MQ came on, that was maybe in 1998... !
I've ignored so much about this company simply out of, ultimately, fear I guess - fear of the unknown with another national co.? What's that saying, better the devil we know... My attitude was always hey, I get paid well, work on accounts I've been on for years, and as long as no one messes with my pay check and leaves me alone in general, what's to not like about this job. I can ignore all the other scuttlebutt. Why torture myself with learning it a new way for another co. and then finding out they are just as, well... Not So Great.
But, that's just not cutting it any more. There are too many glaring problems to shrug it off any more it seems, including, for me, my pay has now been messed with, and, I believe, has been for quite a while.
Well, anyway, I wish you luck with wherever you move on to and send you a big dose of courage to Just Do It! It sure helps to hear some honest MQ MTs experience and opinions. And, I'm also glad for those MQers who find the company still works well for them. It's all relative.
I used to be that way until I finally
got fed up. the company just kept taking more and more advantage of me and "expected" me to clean up the mess so instead of 5 days I was working 7. one night my 3 yo said "mommy I want you to be with me and not work". that was the night that I started only working my shift and that's it. the company has taken revenge and has been switching me around from account to account more than normal and with the worst dr of course, but I only get one shot with my son and I don't need extra help screwing that up. the extra money doesn't mean enough to me. I've turned the furnace way down and use the fireplace daily instead. if you don't draw a line this job will control you because we all know that if we're not typing we're not getting paid but everyone needs something other than typing every waking minute!
FINALLY!!
you know what I mean 
I FINALLY had my last ..
period at age 58! For 3 or 4 years prior to that, I noticed that I was a lot less heat tolerant. Like you, I'd get sweaty (mainly face, neck chest) suddenly off and on for years but still was having a period regularly. They finally started getting irregular around age 55 where I'd skip one occasionally. Then the last year or two I'd skip several and finally had my last period at 58 (about a year and a half ago). The biggest symptom I had was night sweats. I'd wake up in the middle of the night absolutely burning up and kick off the covers. Actually this just stopped recently. I still will get a "flash" (face sweaty and hot) once in a while though. Other than that I didn't have many other symptoms. A little moody but not too bad. Good luck to you. I hope all goes smoothly for you!
I finally got
one of my docs to go digital. I had him buy the recorder (Olympus DSS4000 I believe). It came with software to load on his and my computer. I use Hypersend to email the completed reports back (encrypted). Unfortunately, I have another doc who is unwilling to have his staff download and do envelopes for his letters so I still have to go pick up tapes (but only twice a week and at least he is close).
What finally went through on the (sm)
Word Board was exactly what I was trying to put through all the other times. Anyway, thanks for the response and I'll just keep plugging along.
Finally
Finally someone who sees my point of view.
Finally, THANKS SO MUCH
 Well finally someone who speaks with intellect!  I agree with everything you said and what Patti said. OK I will get everything together and now that I know how to get the information to the Admin., I will do so tonight. Thank you for your words of WISDOM. I am not going to respond anymore. You are right and also you can go on forever with these comments. Again, thank you very much! XOXO
Finally.........
Best reading all day. 10 kudos!
I finally did this......
I don't know your physical ability, but have you tried walking a couple of hours before bedtime? I began going just around my block and back and was amazed at how much better I slept. I use to run every morning but because of really bad heel spur, I can't anymore. The walking doesn't feel so great on my foot either but I had to do something. I needed sleep.
Or,try soaking in a tub of warm water before bed. My hubby does this for arthritis before he goes to bed and I notice how much it really helps him sleep.
Another one, and I know this sounds crazy, but my hubby got me some great headphones that you plug into the TV at night, so if he falls asleep, I can watch TV without bothering him. What I noticed when having trouble falling asleep, if I put the TV on something boring, turn the volume down on my earphones, close my eyes, and try to listen, I find myself getting so drowsy that I turn them off and am able to sleep. I hope you find something that works for you.
Yes, finally........someone else!
I was beginning to think I was the only one who cringed with female dictators. The um, um, um.....I WANT TO SCREAM!!!!! Stop with the um and just speak WORDS!!!!!! And if the uuuhhmmmm isn't enough, I have a Pakistani female dictator and she is HORRIBLE. The mumbling 90 mph and uuuhhhhmmmmm.....I'm sorry I just want to reach out and slap her and ask her if that took her off the uuuhhmmmmmmm and could she now please just SPEAK NORMALLY!!!!!
Finally got rid of it!!!!!
Thank you all for your help with this blankety-blank problem I had that was entirely my fault. After trying 3 different ways to get rid of this garbage, I think I have succeeded.
Couldn't have done it without you. Thanks so much.
Finally!
I am WITH ya! Why can't we stand up all together! Been in this 15 years and made more $$ and actually had personal time years ago. Less pay for training a "machine" to eventually give us less work and probably put us out of a job...
Seems everyone is either afraid or, like us, do not know how to begin and what to do. If all of us that have been seeing such drastic changes because of low $$, low work and we stood together - even on 1 day just for 1 hour - WOW - what a backlog and that would speak the loudest! It could work, too. The majority who have these same issues far outnumber those that seemingly don't.
Finally cools off and what do we have?
SKUNKS! I guess it was too hot for them to come out in the past month. Now they come out to scrounge around the neighborhood at 8:00 p.m. to pick through the trash bags that people leave out on the roadside 3 days before trash pick up. My whole house smells like skunk.
But you can't stop these people that work the M-F shift and gather up all of their garbage in garbage bags and leave them out on Sunday evening so they won't have to get up 5 minutes early on Tuesday, which is trash day, to take the bags out to the roadside. Yes, there is a law (more like a "town ordinance" that says no trash until the morning of pickup). It's not enforced though and we just have to put up with the lazy people.
Oh well, "Eau de skunkola" is the fragrance for this evening. 
I'm glad somebody finally got it right! :)
Then there is the easy man 7 course meal: Six pack and a bag of chips.
Finally! Thank you Lord.
It's about time all of you whiners left MedQuist. I have had enough of you complainers. It is just more work for me now! Yeah!!!! Did any of you ever think that it is time to retire? If you can't understand DocQscribe, which is so basic, I love it, you probably shouldn't be a Transcriptionist anymore. I think that is why so many of you can't get your lines up because you don't know what you are doing in the program. Anyway, thank you lord that you all are leaving. It is about time you quit complaining and do something for once in your lives.
Finally leaving MQ
Finally leaving MQ. Will miss the nice people but not the new changes. Thanks everyong on this board for your help. It's kind of scary to make a change, but what the heck. It won't matter in 10 years.
Finally leaving MQ
If you do not mind my asking, what company was that test for?
For WEEKS I had this. It's finally gone. nm
x
Finally, we have gone digital...
 I just want to share my enthusiasm and gratitude with all of the MTs on this board who provided me with information on how to go about going digital as opposed to using tapes. It has been about 2 months in the making, and today I finally successfully and securely received my first audio file from the physician's office. No more tapes and wasting time and gas! Again, thanks to all of the more experienced & knowledgeable MTs on this board. Your wisdom has helped me a great deal. 
Finally someone who thinks like I do! sm
I never understood how Bucky even got in the top 12! What drove me nuts the most was was his inability to speak clearly! I really laughed when Ryan said "I have no idea what you just said" and when Kenny Rogers said he needed to enunciate or the song wasn't going to make any sense.
Bucky just really had a skeevy look to me...like I wouldn't leave a child alone with him.
I finally got into my mail but IM still down...nm
/
Glad someone finally said it
This is so true - i am courted by companies every week - all making empty promises - and I know this because of what everyone on this board says about them. We are a great help to each other - and if anyone finds that "great"MTSO who is looking for a part-timer - look me up! I want in on the deal and i have experience to back it up.
FINALLY PAID
Well I finally got my check from the 15th. It was dated for the 16th, postmarked the 24th and received on the 29th. Let's see how long it takes to receive the final one.
thanks ER/MT - I got it finally *dense here*..nm
Never mind...finally got on a while ago..nm
x
Finally, it works!
Thanks! This works great. For oldies like me, we need more specific instructions unfortunately. When people were saying to change the backstep to a higher number I didn't realize it went that high!! I don't know if there's anyone else out there that wasn't understanding but, I went under backstep on stop, highlighted it and changed it to 2000. Wonderful! thanks!
Yay, finally a subject I know something about
In case you haven't already found your answer - there are two variables to take into account. 1) Is the company an ASO (administrative services only), meaning they are self funded, or 2) do they actually purchase a policy through an insurance company? If they are ASO then they are under no obligation to follow any state/federal guidelines regarding coverage. However, if they actually purchase an insurance policy then they must add him to the policy regardless of his medical history. There may be a pre-x condition waiting period (ok, there's really no "maybe" about it, there will be), however, if he has had continuous coverage for at least 18 months without a gap in coverage greater than 30 days then that should be waived. Depends on how long their waiting period is as to how much previous coverage he would have to prove.
for stating that!!! Finally! NM
nm
I finally helped someone. Yea!! (nm)
You know, I think I'm just going to have to finally just give in
I think my whole "problem" (if that's what I should call it) has been the stubbornness and unwillingness to give in to the lower rates these days (as an experienced MT of 15 years).
I feel I deserve 10 cents a line or at least 9 cents.
I just didn't feel that taking a 20% pay cut was right, especially considering all the good, hard work I've done over the past decade, the great experience I've racked up, and continuing education on my own time.
But, seriously, I can see where things are going, and if I don't get out of that mindset, I'm not going to make it.
I have to change my way of thinking and just STOP thinking that I'm going to ever make what I made 10 years ago and STOP thinking that I'm worth more than what is being offered. I know that I am, but my pride isn't going to put food on the table or keep a roof over my head.
My 10 cpl job has dried up, not enough work to pay the bills. I've swallowed my pride and found an 8 cpl job and hoping to get another 8 cpl job. That's how it is, and that's how it goes.
If I resist the urge to compare the line count at 8 cents with what I *could* be making at 10 cents, I'll be okay. I have to erase those thoughts and stop eating my heart out and just do the job at 8 cents. Better than nothing.
Thanks! I did finally see the link from the
previous post...wasn't looking down far enough.
Looks really interesting, although seems like it would take some time to get used to it? Time I probably don't have. Can you tell me how long it took you to get back up to your previous speed?
I also wonder if it helps with carpal tunnel or would it just eventually cause new repetitive problems?
Thanks for the info!!!
Found a self-tanner that I can finally
Elariia Shea Butter with sweet almond milk. Get it on hsn.com (Home Shopping Network.) I have skin allergies and cannot use most self-tanners or most creams. This one is applied as a cream, very emolient, does not leave my skin dry, also smells really good. It also LOOKS like a tan and does not streak. As I said, it has been difficult for me to find a tanner that does not make me itchy, and I am just really pleased with it. FYI.
Still around 80 here in Illinois, but we are finally getting rain!
It hasn't been this dry here for 130 years. Had our first t-storm in 2 months.
finally, a POSITIVE post, thanks! nm
Finally found the perfect bed
Unfortunately, it doesn't cost thousands, or even hundreds, so it won't be that popular I suspect. I bought two sawhorses, a 3/8 inch thick piece of plywood, and two pieces of 2 inch (regular wavy stuff) foam. I believe the whole thing was just over $100.
For the first time since I was a kid, I wake up after having slept the ENTIRE night, with no headache, no backache and no sore anythings.
My favorite part is, I can move it anywhere I want without hiring two men and a boy.
they finally asked you for 2 cents
too funny
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