Claus wrote:

- quote -

A corporation to corporation contract (and payment) would
have no bearing on how much you are paid.

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- quote -

For taxes, yeah, the 40% amount is about right. A bit over
33% for federal and self-employment taxes and that only
leaves 7% for state income taxes. Carol

What can one expect of a day that begins with getting out of bed.
Semper Gumby (Always Flexible)

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I am considering a corp-to-corp contract and I am wondering
if anyone knows what my take home % pay would be (I live in
CA) ? If anyone has a break down of the different costs,
besides income tax, that would be great...someone mentioned
40% goes to overhead, and I could not believe it was this
high..

Any thoughts are appreciated !

Claus

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