Quote:
Originally Posted by widebody911
BTDT. In hindsight, I wish I'd incorporated. Quarterly taxes aren't that big of a deal, but the extra 7.5% 'self-employment' tax sux. I also wish I'd hired an accountant to do my return.
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Well I am sure the self employment tax has an impact, but the fact that an independent contractor makes 30-100% more than an employee doing the same job, it is only fair. At least in my industry...
Do you agree that independents make a lot for money than an employee?
This does not include entry level temp work, just stuff like IT, engineering, managmement, etc.....