TechWhirl (TECHWR-L) is a resource for technical writing and technical communications professionals of all experience levels and in all industries to share their experiences and acquire information.
For two decades, technical communicators have turned to TechWhirl to ask and answer questions about the always-changing world of technical communications, such as tools, skills, career paths, methodologies, and emerging industries. The TechWhirl Archives and magazine, created for, by and about technical writers, offer a wealth of knowledge to everyone with an interest in any aspect of technical communications.
Subject:Re: job market Q4 2009 From:quills -at- airmail -dot- net To:techwr-l -at- lists -dot- techwr-l -dot- com Date:Tue, 22 Dec 2009 22:49:21 -0600
Aren't you also paying SS and Medicare? You should be.
On 12/22/09 7:04 PM, Robert Lauriston wrote:
> On 1099 income you pay 15.3% self-employment tax but on W-2 income you
> pay half that in Social Security and Medicare (your employer picks up
> the other half). So 1099 rates only have to be 8% higher to make up
> the difference.
> Also, you pay SE tax only on net income. If you have expenses, that
> lowers the tax. Can't do that with W-2. So even the same rate on 1099
> could lead to a lower tax bill.
> On Tue, Dec 22, 2009 at 3:25 PM, Keith Hood<klhra -at- yahoo -dot- com> wrote:
>> Generally I won't touch a 1099 job unless the pay rate is at least 15% higher than the W2 rate. The self-employment taxes can really eat your lunch come April.
>> --- On Tue, 12/22/09, Robert Lauriston<robert -at- lauriston -dot- com> wrote:
>>> From: Robert Lauriston<robert -at- lauriston -dot- com>
>>> Subject: Re: job market Q4 2009
>>> To: techwr-l -at- lists -dot- techwr-l -dot- com
>>> Date: Tuesday, December 22, 2009, 1:56 PM
>>> 1099 contracts, yeah, the pay can be
>>> great. W-2 through an agency,
>>> after they take their cut, not so great.
Are you looking for one documentation tool that does it all? Author,
build, test, and publish your Help files with just one easy-to-use tool.
Try the latest Doc-To-Help 2009 v3 risk-free for 30-days at: http://www.doctohelp.com/
Help & Manual 5: The all-in-one help authoring tool. True single- sourcing --
generate 8 different formats and as many different versions as you need
from just one project. Fast and intuitive. http://www.helpandmanual.com/
You are currently subscribed to TECHWR-L as archive -at- web -dot- techwr-l -dot- com -dot-