No. of Recommendations: 1
Thank you for taking the time to reply! I did act as an independent contractor until this August, when I negotiated a full time position with benefits. I receive medical, dental, optical, vacation days, the pension match, a still deductible home office, and employer contribution to social security and medicare. Also, it seems as though there are not many deductions that become available to me as an independent contractor. My employer is flexible, and I could certainly become an independent contractor again if it were to my benefit. However, I recently reviewed the State of Illinois criterion to be considered an independent contractor, and my employer and I would be hard pressed to present a case were the status to come under scrutiny, as my role in the company becomes increasingly more involved and I am now present during most business hours. I think it would be best if I could find a pension plan as a full time employee, but still don't understand my options.

So many factors to weigh! Any ideas? Thanks again for your reply!
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.