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4 Things to Know if You're Going From Self-Employed to Permanent Employee


4 Things to Know if You're Going From Self-Employed to Permanent Employee

Perhaps you're tired of dealing with significant fluctuations in income. Or maybe you've been offered a salary that's too good to pass up. No matter the circumstances, going from self-employed to permanent employee means facing a number of changes to your work life, both for better and for worse. Here are a few things to be aware of.

Although self-employed workers must pay both the employer and employee share of Social Security taxes up front, the upside of that arrangement is that as an independent contractor or freelancer, you're only required to pay taxes once every quarter. This means you have more flexibility with your earnings, at least in the near term.

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Source: Fool.com


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