[QUOTE=socalblue1;610814]
Quote:
Originally Posted by PeteBooth
Pete, not totally correct. You can write off anything required for your job & not paid by the employer. The small number of exceptions is more than offset by not having to paying matching social security taxes.
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The "matching social security taxes" are still being paid, just not directly by the employee. I'd gladly pay my employees an extra 8% (rounded, ...) and have them pay the government so I didn't have to do the paperwork. IOW, treat it just like Federal and State Income Tax withholdings.
And, there's 7 or 8 "tests" to help determine whether a person is an employee or a contractor. How they get paid is only one of the tests. (And, it's not a "bright line" that you evaluate each test and if you meet 5 of the 8 you're an employee, for example.)