How would going from a full-time self-employed piano technician to 1/2 self-employed and 1/2 employee effect social security and expenses (I would guess cut in half). I'm trying to weigh the tax consequences of this... David Ilvedson, RPT Pacifica, CA 94044 ----- Original message ---------------------------------------- From: "Jeff Tanner" <tannertuner at bellsouth.net> To: caut at ptg.org Received: 5/8/2010 8:29:44 AM Subject: Re: [CAUT] University of Idaho Piano Tech Vacancy >David Love wrote: > Then again, these are tough times and the benefits package is often worth another >25-30%. >Yes, these are tough times. But you're miscalculating the benefits cost. >The employee will pay roughly 25-30% of the gross salary for benefits. Considering >that that gross salary is roughly half of what a tuner can make doing private work, >the cost of those benefits actually becomes 63-65%. That doesn't include tax >incentives the private tuner has that the employee does not. >When times are tough, you need take-home pay, not benefits you aren't using. >Jeff
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