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  #21  
Old 12-20-2006, 08:01 PM
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Originally Posted by Useless

As an I/C, he has to pay self employment taxes of about 15.5%, worker's comp, travel expenses, etc.
I'm curious as to why an IC would have to pay workman's comp. I never had to before. I suppose if I had employees I'd have to carry it, but it's just me.
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  #22  
Old 12-20-2006, 08:05 PM
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Originally Posted by WildBob

I am responsible for fuel, but receive a generous fsc. The last trip I did it was 34cpm.
Your fuel surcharge was 34 CPM? And that was in addition to the .50 (give or take a bit) per mile delivery pay?
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  #23  
Old 12-20-2006, 10:13 PM
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Quote:
Originally Posted by emerlin
Quote:
Originally Posted by Useless

As an I/C, he has to pay self employment taxes of about 15.5%, worker's comp, travel expenses, etc.
I'm curious as to why an IC would have to pay workman's comp. I never had to before. I suppose if I had employees I'd have to carry it, but it's just me.
Workmans' Comp requirements vary from state to state. In Georgia, it's not required until you hit 4 employees.
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  #24  
Old 12-20-2006, 10:14 PM
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Quote:
Originally Posted by emerlin
Quote:
Originally Posted by WildBob

I am responsible for fuel, but receive a generous fsc. The last trip I did it was 34cpm.
Your fuel surcharge was 34 CPM? And that was in addition to the .50 (give or take a bit) per mile delivery pay?
Yes
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