RoyJackson
Rest in Peace
- Joined
- Nov 17, 2001
- Messages
- 23,144
- Location
- Bethel, Vermont
- Tractor
- John Deere 4052R Cab,, Deere 855D UTV, Z920A Zero Turn Mower and assorted implements
I've been offered a job as an independent contractor. Although I've done a fair amount of contract work over the years, I was always an employee (for payroll and tax purposes) of the agency.
This will be my first time as an independent. I'm doing some research (online) but would also like some experiences of folks who have done this kind of work.
Although the rate (hourly) is quite good, if the added expenses/taxes of being "independent" cut into the gross too much, it won't be a worthwhile endeavor for me.
So, any of you guys ever worked as a 1099 contractor?
If so, what are the pitfalls? The advantages?
A little more info: my work schedule would be set by the agency which, in turn, is contracted to the client.
This will be my first time as an independent. I'm doing some research (online) but would also like some experiences of folks who have done this kind of work.
Although the rate (hourly) is quite good, if the added expenses/taxes of being "independent" cut into the gross too much, it won't be a worthwhile endeavor for me.
So, any of you guys ever worked as a 1099 contractor?
If so, what are the pitfalls? The advantages?
A little more info: my work schedule would be set by the agency which, in turn, is contracted to the client.