excell Posted August 21, 2009 Report Share Posted August 21, 2009 Now this could be a different story entirely. If you made less than $600, you can be paid without claiming anything on either side. If it's over that $600 level you either need to be W2 (employee) or 1099 (contractor). As a W2, the company is required to withhold your taxes for you and pay the employer portion of Medicare (which effectively raises your pay rate even though you don't see the money now). As a 1099, you're responsible to withhold your taxes AND pay the employer part of Medicare - to put it another way, you're self-employed. In the case of being 1099, you should speak to an accountant to make sure you're withholding enough taxes to cover yourself. Now, as far as the reduction in pay is concerned, that was shady. If you were a W2 I could see it since their costs would increase in covering your Medicare, but they're attempting to 1099 you and that line about making more money this way is bullshit. While your checks will be bigger, you'll now owe MORE in taxes because you need to pay the employer part of Medicare and the burden of withholding falls on you. If anything, they should increase your pay if they're going to 1099 or they should just W2 and suck it up. Apologies if I frightened you with my first post. Your post was worded in such a way that it sounded like they were converting you from W2 to 1099. Quote Link to comment Share on other sites More sharing options...
Guest Melanie Posted August 21, 2009 Report Share Posted August 21, 2009 Guess so. Small business is nuts. Quote Link to comment Share on other sites More sharing options...
Guest Melanie Posted August 21, 2009 Report Share Posted August 21, 2009 Wasnt frightened just confused too. But yes, I think ive always been considered contract labor because nobodys ever mentioned to me anything about benefits, workmans comp etc. But when I was an intern last year I have no idea what i was considered but my mom told me I didnt have to pay taxes. Quote Link to comment Share on other sites More sharing options...
The Man of Steele Posted August 21, 2009 Report Share Posted August 21, 2009 Didn't you hear me I said TEA PARTY god damnit! ;-p Quote Link to comment Share on other sites More sharing options...
Guest Melanie Posted August 21, 2009 Report Share Posted August 21, 2009 At the next cr meet. Ready? Quote Link to comment Share on other sites More sharing options...
The Man of Steele Posted August 21, 2009 Report Share Posted August 21, 2009 At the next cr meet. Ready? haha I never come to those and the last time we all hung out you had a cop follow you guys back home. Quote Link to comment Share on other sites More sharing options...
Guest Melanie Posted August 21, 2009 Report Share Posted August 21, 2009 We did? When? Quote Link to comment Share on other sites More sharing options...
Guest Melanie Posted August 21, 2009 Report Share Posted August 21, 2009 Oh now I remember. When you guys were following me and dipped into the McDonalds to get an O.J. Quote Link to comment Share on other sites More sharing options...
Guest Melanie Posted August 21, 2009 Report Share Posted August 21, 2009 Yeah like a good boyfriend I dipped out so they would follow you instead of me. It's like you knew what your new screen name was about to be! Quote Link to comment Share on other sites More sharing options...
Guest Melanie Posted August 21, 2009 Report Share Posted August 21, 2009 Well I found out that since I only made 3000 last year I didn't have to file and as long as I stay away from this stupid company from now on I will be alright. Thanks a lot for everyone's input! You've all been a big help. Still not sure if I'm going to turn them in or not though. Quote Link to comment Share on other sites More sharing options...
The Man of Steele Posted August 22, 2009 Report Share Posted August 22, 2009 Well I found out that since I only made 3000 last year I didn't have to file and as long as I stay away from this stupid company from now on I will be alright. Thanks a lot for everyone's input! You've all been a big help. Still not sure if I'm going to turn them in or not though. I still say tea party Quote Link to comment Share on other sites More sharing options...
V8 Beast Posted August 22, 2009 Report Share Posted August 22, 2009 Just went to Sams Club and Stocked up on Lipton. Its ice tea, will that be ok? Quote Link to comment Share on other sites More sharing options...
The Man of Steele Posted August 22, 2009 Report Share Posted August 22, 2009 Just went to Sams Club and Stocked up on Lipton. Its ice tea, will that be ok? Ha ha instead of throwing it in the water throw it at the white house Quote Link to comment Share on other sites More sharing options...
Main3s Posted August 22, 2009 Report Share Posted August 22, 2009 I think I heard about this event... Quote Link to comment Share on other sites More sharing options...
The Man of Steele Posted August 22, 2009 Report Share Posted August 22, 2009 "Is that a fart? I can taste it on my tongue, ketchup and onion. Ok now the tuxedos seem kind of fucked up." Quote Link to comment Share on other sites More sharing options...
DOLLAR BILL Posted August 22, 2009 Report Share Posted August 22, 2009 wow...all that shit over what? $120 give or take? seems like a shitty company to do business with...i would start looking into other possible places to move on towhat company is this. Quote Link to comment Share on other sites More sharing options...
Guest Melanie Posted August 24, 2009 Report Share Posted August 24, 2009 Not going to say. Promised my mom I wouldn't. Quote Link to comment Share on other sites More sharing options...
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