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View Full Version : Independent Contractor ?'s
yellowbutterfly
02-12-2008, 11:34 AM
Hey you all....I would like to know whats involved with being an Independent Contractor....I have never done this before.....I was wondering if there are any costs involved, certifications, liscencing..etc.?
Also, what do you all think are the Pro's and Con's of being an IC verses a company employee...thankssmileys/smiley1.gif
Also, what do you all think are the Pro's and Con's of being an IC verses a company employee...thankssmileys/smiley1.gif
yellowbutterfly
02-23-2008, 03:53 PM
98 views and 0 replies??!!
civory
03-05-2008, 02:21 PM
what do you all think are the Pro's and Con's ... well, that's a huge question that's been answered multiple times on this mb.
Reminds me of a joke my grandpa used to pull on us when we were little... he'd say "tell me everything you know, I have 5 minutes"
Reminds me of a joke my grandpa used to pull on us when we were little... he'd say "tell me everything you know, I have 5 minutes"
yellowbutterfly
03-05-2008, 02:35 PM
Well, I know there is information scattered everywhere on this board but I was looking for some personal opinions....guess no one wants to share theirs though.
civory
03-05-2008, 02:48 PM
I, personally like being an IC over being an employee since my hubby is employeed, I don't need a job with insurance and withholding.
yellowbutterfly
03-05-2008, 02:51 PM
Thanks for replying with your opinion, that's all I was looking forhttp://www.wahm.com/forum/smileys/smiley1.gifSo, you don't find it frustrating have to figure out your own taxes? Also, I was wondering, don't IC's have to pay for training with their jobs and pay to be an IC? This is where I am really confused because I read that somewhere.
barb4deer
03-06-2008, 09:36 PM
smileys/smiley2.gif Hi Butterfly - I'm a new WAHM, er, - well - stay at home SINGLE person, anyhow - I just left the IRS after 6 yrs - don't HAVE a SAHJ yet - am looking -
But as for taxes - let me tell you - the IRS.gov site has all the info you need - there are publications there - all for free - and a withholding calculator, and other tools you might want to check. You can find out what are legal home office deductions, etc.
Hey - maybe I need to give TAX info from home?? HA -- smileys/smiley36.gif
I'm about to be an IC once more - used to be before gvt. job - love being my own boss. Just keep good info - d/l your bank statement into some accounting s/w or something - that's the best way -- and your remote desktop or whatever you use for calls- that should give you a total of hours, etc.
Good luck with it -
But as for taxes - let me tell you - the IRS.gov site has all the info you need - there are publications there - all for free - and a withholding calculator, and other tools you might want to check. You can find out what are legal home office deductions, etc.
Hey - maybe I need to give TAX info from home?? HA -- smileys/smiley36.gif
I'm about to be an IC once more - used to be before gvt. job - love being my own boss. Just keep good info - d/l your bank statement into some accounting s/w or something - that's the best way -- and your remote desktop or whatever you use for calls- that should give you a total of hours, etc.
Good luck with it -
