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M*Modal

Becoming an IC - I don’t think it’s that easy

Posted: Sep 13th, 2022 - 9:06 pm In Reply to: please, just lay us off already!!!! Anyone getting work besides - sm

Not sure how it works with Aquity, but to become an IC requires a business license and you are responsible for paying your own taxes. You would forfeit employee status and any insurance, PTO or other benefits you currently have. I don’t think it’s possible to switch back and forth between IC and employee status depending on the workload and would have to be one or the other.

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