Re:The gig worker’s lament
by WalterBright on Friday December 28, 2018 @05:36AM
(#18776020)
Also factor in that some of these benefits are paid for with before-tax money, while if you paid them yourself they would be with after-tax money. This is not a trivial consideration.
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Re:The gig worker’s lament
by lotsofpulp on Friday December 28, 2018 @07:01AM
(#18776283)
As far as I know, the only tax benefit would be for health insurance, but if you are a sole proprietorship (which you should be), then you can purchase health insurance pre tax also.
401K contributions are also pre-tax.
With your own business you can contribute 2x the best employee 401k deal and it is also tax free.
https://www.mysolo401k.net/solo-401k/solo-401k-contribution-...
Re:The gig worker’s lament
by smileysteve on Friday December 28, 2018 @09:01AM
(#18776718)
If you pay them as a sole proprietorship or llc, you also get to claim the tax benefits.
A sole proprietorship is almost as easy to file as a 1099, and a good choice when a liability veil would be easily be peirced (as you're representing your own skills)