Advantages to being a contract employee

[bivenator]

I work in a medical office performing exams. I'm currently an hourly employee but have considered making an offer to be paid per exam. My work week would now go to Mon to Thur. I will lose the 401k and health ins. Has anyone done a similar conversion and do you have any advice?

[azasadny]

I'm in the same situation now as I'm considering several opportunities when I leave Ford as an ex-salaried employee at the end of this month...It can be very confusing...

[Jim Bremner]

You can work for SEVERAL other offices if your a 1099.

Talk with your Accountant prior to signing off on being 1099

you will have alot more write-offs, but your tax rate will change

as well as your insurance man...you might need to add malpractice to your insurance....If you have a malpractice rider now think of enlarging it.

I'm 1099 I work for 3 companies and own a 4th one that I have 5 employees that work for me.

[bivenator]

Thanks for the idea on the malpractice Jim. I had not considered that.
Wouldthe write offs for tax purposes include vehicle payments? Any other good write offs?

[Jim Bremner]

you should ba able to,

there can be write offs that you would not believe.

just think of anyway that you can reach new customers or retain customers is advertizing!

thereis a reason why you see ads on alot of peoples cars


but please check with your pro's that I suggested