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Holding everything constant, ignoring state and local income taxes and other taxes such as paying into unemployment or worker’s compensation funds, and assuming $40,000 in compensation as in Veliotis and Balsam (2022), the benefit to a company of independent contractor status would be the after-tax savings of the employer portion of the Social Security and Medicare taxes, which is $2,417 (see Table 1).

Sources for your Personal Information We collect each the above Personal Information from each the following categories of sources: SOURCE 1: We Collect Personal Information Directly from You and/or Your Household.

The fiscal year of the Corporation shall begin on January 1 of each year.

Figure 1 shows the three primary areas where copilots can augment the workforce.

You agree to review the Community TOU’s on a regular basis and always remain in compliance. 1.

Gallup.com, Oct. 1.