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Subject:RE: 1099 work and employment taxes From:"Harper, Frank" <Frank -dot- Harper -at- BellSouth -dot- com> To:"TECHWR-L" <techwr-l -at- lists -dot- raycomm -dot- com> Date:Fri, 7 Feb 2003 12:46:52 -0600
I STONGLY suggest you contact a CPA. It is well worth the expense to know
what you need to do as a self-employed person (as denoted by a 1099). I have
been contracting for over 12 years and rely on my friendly CPA. It is very
much cheaper than paying penalties to the tax man.
BTW, you are responsible for ALL the SS and Medicare taxes - employer and
employee. How you recoop those is best left to the tax professional.
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