MSEJ - Military Service Employment Journal, December 2012

MSEJ - Military Service Employment Journal, December 2012

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Image: – – Macho Spouse

 

MSEJ_201212.jpgCheck out the December 2012 Military Service Employment Journal from MSCCN.

Career Advice: PCS Job Search Tips - An employment search can be very daunting, especially in a new area. Here are four tips that really helped me find a position
after our last PCS.

Ask The Experts: Sometimes there are issues with your
job search. You feel like you are spinning your wheels and not really going anywhere – and you wonder why and how you can change it. Below are some questions we have had asked in the last few months that we felt would be helpful to everyone in their job search. We are here to
help should you need any further information or assistance!

'Tis the season to start your job search? Try filling your stockings with cash by landing that dream job going into the New Year. “What do you want for Christmas this year?” If you are answering this age old question with “Dear Santa, I want a new job!” Give yourself an early
gift, just make a visit to MSCCN and CASY for an early present of no-cost employment readiness, on the job training, direct connect, and one-on-one job placement services.


Download the MSEJ here.

See also...

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Contractor vs Employee

employee-contractor-300x270.jpgSo, you have a job offer and the employer offers you employment as either an independent contractor or an employee. You figure that since your wife is in the military, you don't need the insurance and your paycheck will be bigger without all that withholding taken out.

Life as a 1099'er

Ready to take that 1099? Not so fast. You might be in for a big shock at the end of the year. Here is a list of some of the hits you'll take.

• All the income taxes for each taxing entity will be due every quarter after your first year in business. A total of 90 percent must be paid by April 15 of the following year or there will be a penalty.

• You will have to pay the entire Social Security tax. That amounts to 15.3 percent on your first $113,700 and 2.9 percent over that amount. Employees get half that amount paid by their employer automatically. However, as a self-employed individual, you may deduct the half that an employer would have contributed.

• Independent contractors are not covered by non-discrimination laws, wage and hour protection, unemployment insurance, or pension and benefit protections that “real” employees receive.

• If you drive or run other equipment for the business that pays you, you won't be covered by the employer's insurance policy. Guess who that leaves?

What Makes an Employee

The basic issue in deciding whether a person is an employee or an independent contractor is the business's control over the work of the person. This sounds like a simple matter, but courts constantly are deluged with arguments about this issue.

If you're told when to come to work; if you don't provide your own equipment or supplies; and if you are paid in set increments such as hours or piecework, you are an employee, period. If they train you, you are an employee. The courts have made clear that just because the employer doesn't decide to use control, doesn't mean you are then an independent contractor. The crux of the matter is whether they have the right to do so. Read the IRS publication about the issue of contractors vs employees.

Making the Right Decision

Before you make any decisions, take some time to investigate and consider which category works best for you and your family. If you are leaning toward becoming an independent contractor, make sure you're prepared to save enough to cover your tax expenses and any additional costs like liability insurance.

Consider incorporating as a LLC to protect yourself and give you additional tax protection. It's a good idea to get the help of a paralegal, lawyer and tax specialist.

If you are considering becoming self-employed, be certain to read the IRS Bulletin Understanding Employment Taxes. This is a simple document that explains what the requirements are in everyday language.

This post was sponsored by the School of Firearms Technology from the Sonoran Desert Institute.

image for Quick Hitter - Helping Kids Cope with Deployments

Quick Hitter - Helping Kids Cope with Deployments

In this "Quick Hitter" video on Helping Kids Cope with Deployments, we have a tough question from an anonymous male military spouse that Elizabeth Cabibi, M.S.,LMFT (Licensed Marriage and Family Therapist) answers.

"What is the best thing to do for a child that won't calm down from missing the parent that is deployed? I tried cuddling him and just being there but didn't really seem to help."



 

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