you pay all taxes as IC- as employee- your employer - pays part Posted: Sep 21st, 2017 - 1:53 pm In Reply to: IC versus employee - SueD
so yes, there is a big drop after taxes are paid. You can claim your internet, office space, etc as well where you cant as an employee. The tax reason is why ICs are supposed to make a higher line rate. LOL "supposed to"
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