[ale] tier2-3 support
Scott Castaline
skotchman at gmail.com
Fri May 7 11:04:24 EDT 2010
On 05/07/2010 09:06 AM, Lightner, Jeff wrote:
> NB:
>
> Standard accounting uses 2080 hours rather than 2000 for full time
> equivalency. 52*40 = 2080. Did many a budget/forecast in my former
> life using that number.
>
> However, if you want to take time off I guess subtracting the 80 hours
> makes sense as it allows you to calculate in 2 weeks of vacation time.
>
> You'd also want to calculate in the self employment tax (SSN) since
> you'll have to pay that. Of course you also get a credit for part of
> that on another form (go figure - they take it with the right and give
> some back with the left).
>
Sounds like Social Security Disability. They pay you roughly $24,000/yr.
by 1099Misc. Then IRS takes back $6,000 to $7,000.
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