Independent Contractor? Any Thoughts?

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#21

12-20-2006, 08:01 AM

emerlin

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Join Date: Oct 2006

Posts: 181

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.

#22

12-20-2006, 08:05 AM

emerlin

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Thread Starter

Join Date: Oct 2006

Posts: 181

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?

#23

12-20-2006, 10:13 AM

WildBob

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Join Date: Jul 2005

Posts: 45

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.