she did say IC lunches as in contractor/client business related network.nm
Posted By: anon on 2008-03-18
In Reply to: I tried to deduct price of deck by sitting out - there to work, but tax guy said no can do. nm
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There are lunches and there are business lunches, the latter deductable. sm
A ton of job-related items are, to a certain percent, not totally. There is a taxes and finance board here, and there is a wealth of information via google. Trying to deduct a 'home office on the patio/deck' is just a ***do not use this language*** reponse to your question.
independent contractor lunches
can i deduct lunches as a business expense?
You are not an independent contractor, if you only have one client.
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Independent Contractor vs. Small Business?
I am negotiating a contract with a clinic to be one of two transcriptionists. I have typed for this clinic for several years as a sub-contractor, but the current contract holder is not renewing the contract. The clinic's lawyer is not comfortable with "Independent contractor" as the contract would be for one year and for the usual questionable definition of an IC.
I tried to research this and just became more and more confused.. so I hope I can get a little advice here.. I do not want to be employed by the clinic - I prefer to be self-employed. Do I make myself a small business and get a license? I do plan to meet with my accountant to ask some questions, but I was hoping to get a little info here so that I would not sound completely stupid! (Doesn't seem as bad to sound stupid here rather than in person!) I am used to getting a 1099 and paying self-employment tax.
Are you an Independent contractor or a small business? I do not plan to have any employees..I just want to type for this clinic and get paid! THanks!
help please, re Amway related business
my daughter and s-i-l, who cannot afford it, are about to get snookered into Quixtar, a company related to Amway. Can anyone give me info about their experiences with this? thanks.
One thing also - keep all your receipts of any business related expenses
I have a folder and everytime I buy anything related to work whether it be a pen, a printer ribbon, a book, a keyboard, etc. I put in that folder. Those things add up and they are all deductible which comes off of your gross. This is in addition to the home use of your office. A statutory IC is a great way to go because you don't have to pay the entire social security but you are still IC and can utilize the business deductions. If you pay your own health insurance and it is in your name that is also deductible. Keep good records...this is the most important I have learned being an IC. Also you will probably have to file quarterly if you make over a certain amount. If you don't you will be penalized by IRS and have to pay the penalty fee with your April 15th filing. And also remember to figure your state taxes for the year. However it does depend on your personal situation and if you file jointly with your husband that may change things. Good luck.
Personally I think IC is great but unless you have some really good deductions you can end up paying a lot in taxes. If you have to pay your own social security at 15% and you were taxed at 20% rate for federal and let's say 6% for state you would be paying 41% of your income in taxes which is no fun. But you only pay on your net income and not your gross so it sort of comes out in the wash.
copy of business to client contract
Could you please forward a copy of that contract to me as well. I appreciate you time and efforts in advance.
email: medmanzala@hotmail.com
What network? It comes on @ 11 p.m. Friday on USA network where I live. - nm
I do sometimes but usually do the lunches in the morning -sm
I now start earlier, i.e. 6:30/6:45 and have it all done by 7, (was stressed myself last year) get the shoes on, hair brushed, kids fed, teeth brushed by 7:20 then do our 6-mile drive to the bus stop. Can be rushed some, but now not so nuts and better organized this year. Just give yourself an extra 15 minutes and pre-do all the stuff you can the night before, i.e. potato/corn chip bags, crispy bars, whatever. Makes it much smoother.
Working 40 hrs. with lunches/breaks..how do you sm
I have to set up my schedule with my company. I have to work 35-40/week to be considered full time. When I log off the system during my workday to eat or take a quick break, I don't believe that it is considered part of my 35-40 hrs; I have to be logged in and at the computer for the hours to count. Just wondering if you schedule yourselves a lunch or always work through an 8-hr shift, or schedule yourself a 9-hr shift minus your lunch, or how you do things....I can't see how I can work 40/week (35 maybe) without scheduling myself for 9-hr days unless I don't plan to stop and refuel somehow! thanks
...and then we'd be on a clock, taking breaks and lunches just like SM
we were sitting in an office slashing throats over the thermostat.
$2 not enough for gas, wear&tear on car, lunches, clothes,
p
Not MT related, but pet dog related. See message.
I have a 5 year old Maltese dog who has always been a great sleeper at night. He has always slept on my bed next to me and never budged all night. Last week he started to wake up shivering and panting in the early morning and could not settle back down and would just jump off the bed and go off somewhere else to sleep. Now he starts this shivering and panting as soon as the light goes off in the bedroom but instead of jumping off and going off on his own, he just stays there next to me and keeps sivering and panting and is unable to fall asleep. He's perfectly normal otherwise during the day and sleeps fine during the day, behaves normally and is eating and drinking normally. I called the vet and she thought he was having nightmares. But I'm not so sure. Last night when I went to bed and the light was on for about 15 minutes he was quiet and comfortable lying next to me. As soon as the light went off he started the shivering and the panting and could not go to sleep. Anywone gone throught this before? Should I be worried about his health?
Office lunches come to mind, the whole crew would have a glass of wine
We managed to get through the Friday afternoon following the glass of wine. It's holiday time, birthday time, retirement time. Rare - RARE - occasions. I remember the doctors have a very very slight slur LOL. I probably lost a keystroke or two on my speed. The nurses were happier that usual. The secretaries laughed for a change. It's all good.
Unfortunately it is legal..so yes it is business and they will continue with bad business practices
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What actions can I/should I take when contractor will not pay?
I did some IC'ing for a company, and they have not sent my $ yet for the last 2 invoices. They say they are going to send it around the end of the week, but just in case, I want to know what steps I should take because I WILL get my $ one way or the other. They are located in Houston, Texas. Does anyone know about the court system there and what are your opinions on what the next step should be for me before I sue them--which I do plan on doing if I do not receive my $ by early next week. I do not want to waste a lot of time waiting. Any opinions would be greatly appreciated.
Independent contractor here (sm)
How about you?
Boyfriend is a contractor
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Contractor vs Employee
I've asked this before, but now have new problems and am hoping to get some advice. I've been working at home for a small clinic (one physician). Her husband, who is the doctor's husband, let me go due to physical problems that kept me from doing some additional duties they needed me to do; also, my not being a "team player"--not enthusiastic about the extra duties. So I'm at home with no contract now for about 1-1/2 months. The OM didn't think it was necessary--he said "we trust you!!" The OM calls me on the weekends or nights with requests or questions, and messages get increasingly snippy if I don't return his calls ASAP. This week I had a job interview out of town, because I cannot live on my current income (approx $850.00/month gross). I informed the office I was going out of town. During the time I was gone, less than 24 hours, he called three times and sent an email. It wasn't anything that could not have waited until I returned and responded to one of the phone calls or email. I feel like an offsite employee (with no benefits) rather than an independent contractor!
How should I handle this? Probably, as my daughter tells me, I should just put up with it until I can find another job. Any experience with a similar situation? Thanks--
First, were you an employee or contractor?
This will make a difference. If you were not an employee, you did not earn wages so it would not be reported.
Second, if you feel that is in error, contact your local Employment Security Division and explain that situation. If you have paycheck stubs for that time period, take them with you.
Let us know how it turns out!
Independent Contractor
This is the form that all ICs have to use for their taxes and I can't find the answer anywhere. .Thanks.
IC = independent contractor
I think you meant employee not IC as a subcontractor and IC are the same.
Independent Contractor
In the contract I was considered an Independent Contractor, so labor laws, etc. do not apply to me. According to the PA Labor and Industry Board my only option is to take them to small claims court in PA, and I live in CA, so that would be difficult and costly at best... I just mean there are restrictions that apply to me because of my Independent contractor status...
Independent contractor
I am hesitant to take that giant leap into being totally an IC. I have an IC position now and my boss has offered it to me FT and he lets you work as much as you want. Basially I try to keep somewhat of a decent schedule. I also work for a large outsource company. I can make more money as an IC and have checked on a zillion insurance companies, all about the same. I have never been without health insurance doing transcription and that is what scares me especially since I am older.
One friend has quit this company that we work for already. It is such a struggle to get line count especially since they do not pay for "S".
Do any of you IC people that might work for a smaller outsouce company regret being an IC? I know that one has to be organized and set aside money for taxes but I feel that mentally I would be happier if I would just take the dive. I have worked this PT position for 4 years and the boss is great to work for and he tells you all of the time he appreciates your work which one very seldom hears and he also has good bonus money for working holidays if you want and even gets you a Xmas gift which is very nice and he really is thoughtful and I know we make him lots of money, but he is lucky to have dedicated girls too.
I am thinking that I need the mental change and I will be doing the work type I love to do and that is OPs. I have just lost my drive, motivation of going to work everyday for this national company and I just cannot seem to get beyond that barrier no matter how much I have tried. We run out of work, too many people on accounts, then have to sit and wait. My time is valuable just like theirs. My doc wanted to put me on Lexapro and I took three and then I got to thinking I am not going to let my old hospital drive me crazy and depressed and I quit taking the Lexapro. I need to focus on another goal right now. I feel like Eagle Eyes are watching me all of the time. The only thing holding me back is I have medical insurance with this other place but since being there I have only reached the 800 lines a day goal a few times and it took me about 10 hours to do that which is awful. It seems like you type forever and get nowhere. I have lost my speed and I very seldom get to do OPs anymore. I used to do 30 a day at least.
I want to enjoy life a little more and there are other jobs out there that do pay much better than I am making taxes or no taxes to fool with. I have done this type of work for 29 years and maybe I am at that burnout point and just need a fresh change. I really think I need a fresh start so to speak. Thanks for letting me vent. Any feedback will be helpful. I do not have any small children, all grown so I am very very flexible.
Is it worth being an IC, bottom line????
Independent contractor
I have worked for this PT company for 4 years and he has always paid on time, never a problem with paycheck and I personally knew him when he was a salesman for Lanier, so I am comfortable with him.
It is a big step to take and he a 5-year contract with hospital so there is plenty of work. I am a pretty organized person, but if it was not for that darn insurance. Someone told me that the company that I am working for FT will have open enrollment in November and they are changing to a new insurance but you have to be producing 1000 lines a day to qualify. With their platform it takes around a 10-hour work day just to get to the 800 lines. That is what we all thought, 800--no problem. Boy did we have a rude awakening, everyone is struggling. It basically boils down to how much of a hassle for doing own taxes very peace of mind and get back to what I really like to do without someone "dinging for every little comma, semicolon, hyphen and incorrect verbage. I am a good MT but here lately I am beginning to doubt just about everything I type and I am always having my head in the BOS. I have been doing this for 29 years, but I do feel like I am just coming out of English class and just a newbie which is not a good feeling at my age and exp. I want to like to do my job but right now not feeling that. Thanks for input all.
independent contractor
It's like being self-employed. You don't get taxes deducted from your paycheck. You have to do it yourself. You are also supposed to be able to set your own hours, although some companies still make you work a shift.
I made my business your business by posting and...
I totally respect everyone's opinions. It is easier for others on the outside looking in. That's why I pushed the "post reply" button yesterday. I trust my fellow MTs and I know the more I read from you all, the more confident I am becoming. I just need that final push, not from him though. I also wanted to let you all know that the physical abuse while I was pregnant was documented by my doctor and the hospital. I only wish I had known then that it is a felony to abuse a pregnant woman. I also photographed my face from a couple of weeks ago and told several people in my circle. I had such high hopes for us. Now...not so much. I'm not saying that I won't try to get him to church, but I realize that God can only do so much for someone who isn't listening. j
Business is business. Internet forums are
.
So, if you hire an independent contractor to sm
paint your house, do you do a criminal background check on that person. It's the same thing. Independent contractors are just that.
If you are an independent contractor, you are not an employee so the
rule of thumb is that pay should be made to the employee within 30 days from the date of resignation. If, however, you signed a contract that says specifically that half of you pay can be held until say equipment is returned, etc., then you may have to abide by that. The company may just want to make sure they get their equipment back.
IC meaning independent contractor?
As far as I know...no...for independent contractor, they do not have to pay any benefits or even take out SS, so I would think it would be MORE not less for IC. Someone correct me if I am wrong.
Employee vs Independent Contractor
Click here:
Independent contractor status
Don't forget, though, as an independent contractor, you will be paying 100% of your social security tax, which accounts for somewhere around 15% of your gross income. You have to factor that into the equation. Working employee or statutory status makes it mandatory for the employer to pay half of your social security tax; being independent makes you 100% responsible. Also, you are responsible for sending in quarterly tax statements/payments, whereas as an employee, your company owner does that for you. I would want to factor all these things in and allow enough to take care of the social security at least.
This is confusing. An independent contractor IS
nm
As an Independent Contractor, you set your own rate.
then you are not truly an independent contractor. How she bills a client has nothing to do with how you bill her.
Statutory MT/Independent contractor
Does anybody know of companies that still hire Statutory or independent contractors? Since I take the standard deduction on my personal taxes I can no longer deduct my MT expenses and that's a major ouch. Thanks for any help.
starting as independent contractor/need help!
I'm going to be able to return to work very part time since my disability is getting a bit better. I have an offer to work as an independent contractor, probably not making more than 12 grand per year.
This will be my first time being a contractor and I'm boggled after reading the IRS info on the site. Do I need to file for a taxpayer ID# or can I just use my Social Security number? I think I can wade through paying the taxes, etc, but may have an accountant do this initially.
Thank's in advance, Becca.
For those "Indenpendent Contractor" positions...
For U.S. MTs and U.S. MT companies, here are the basic U.S. Dept of Labor definitions of who is and is not an "Independent Contractor":javascript:editor_insertHTML('text','');
http://www.dol.gov/esa/whd/regs/compliance/whdfs13.pdf
Yes, but are you employee or independent contractor?
There's a difference. When I had a job as an IC, I had to pay all my own equipment, software, references, phone, internet, utilities, self-employment taxes at 15.9%, etc. No insurance, no retirement unless I paid for private plans. No holiday pay. In fact, no days off at all!
I'm glad you're happy. I'd be happy to have a job paying $11.50 an hour, but I can't even get an interview! There are 800 people competing for one job if you check out the job board ads.
My spouse and I together are down to maybe $1,000 a month now in income when we used to gross $5,600 a month. Time for welfare, I guess. Can't get unemployment being a contractor. Cripes, Walgreens won't even hire me.
IC contractor out of state where company is, how to file
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Not sure how to file taxes... Work in PA, IC to IL, do I have to file taxes in IL?? Any help on this I appreciatejavascript:editor_insertHTML('text','');
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independent contractor kinda sorta....nm
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Independent Contractor/Taxes Question
If you are IC and you live in California and the company you work for is in New York, which state do you claim your taxes with?? The state you live in or the state of the company that you work for?
Thanks!
Employee + set hours. Independent contractor
do the work at your convenience. Within reason, yes. As long as the work is done by the deadline. But if you are partying it up or visiting friends or whatever and don't meet your deadline, then you have broken your end of the contract. Yes, ICs DO have a responsibility, even though you seem to think they don't. There is a deadline to be met. It is completely irresponsible to be doing OTHER things and not meet your work deadline. As an IC, when you agreed to do the account you agreed to keep up your end and have the work done by a certain time. If you don't want to do that, the MTSO can and will find someone who will.
What if you hire a roofer? Is it okay with you if he just puts your roof on whenever he gets around to it? Or is it okay for him to put it off if there's something else he'd rather do? I think you know the answer to that.
Are you venting as a patient or as an employee/contractor? -nm
Statutory Employee vs. Independent contractor
I work for company "A" as an IC. I work on Dictaphone ichart platform. I make 9 cents a line. Good accounts. Good managers. I have been offered a job as a statutory employee with company B, still on dictaphone, still 9 cents a line. Is justifiable to make a lateral move to company B just for the sake of being an employee? Tell me pros and cons please! Thank you!
OK. I will. Get your own accounts & truly be an independent contractor. Set your own rates. nm
nm
Always be looking. Every day. Network with others. SM
I have the best job I've ever had in my life, and it came from friends on the board. Every job I get is the same way. Word of mouth. I have only filled out one application for employment since 1983 and I already had the job.
They really are out there and it sounds like you are qualified. Are you wanting full time or part time?
How to find legitimate work as an independent contractor?
I work about 25 hours per week for a company, making 7.5 cpl. I'd like to try supplementing with some IC work to try to make more per line. How do you go about scouting out legitimate work?
Thanks...
We could have our own network MTtV
Have a show like Candida Camera where a resident spends an hour with a patient that he doesn't understand. When the doctor asks where the pain is the patient can point to his chest and as soon as the MD starts listening to the chest, the patient can change his mind and tell him the pain is in the back. When he goes to the back, the patient can tell him, "no wait, in the stomach". He can give him a list of medicines all spelled wrong and dosages all wrong. Then when the doctor is giving him instructions, the patient can start talking on his cellphone, making the doctor sit and wait while the patient talks to someone else.
Or....
In another episode of Candida Camera, show a physician talking to consulting doctor who speaks a number of different dialects or a doctor who talks a million milds a minute in half-syllable words. Watch Dr. A try to understand what Dr. B as he makes up words, lab tests, and diagnoses.
network solutions dot com....nm
For the network either, apparently.
BTW, I think it sucks that he left his wife and poor little ill baby for his new co-star. Glad it was canceled!!!
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