Hi Gurus,
Recently I have received my 485 application approved and I also have my plastic card.
My questions are
1. I am getting offers from several companies where they are saying that they will pay me in 1099 rather than W2. Can Some body tell me the difference between the two and which is beneficial for an independent contractor.
2. If I am getting paid through 1099 should I take care of my own medical insurance? If so are there any companies which offer insurance for independent contractors who are not attached to any company?
3. That company person offering me position is saying that let us say hourly rate agreed was 40 dollars then he is willing to pay 25 dollars as salary and remaining 15 dollars as per dim? What is this perdim? He is saying that you need n't pay taxes on perdim because it is like a daily allowance. Please share your experiences.
Thanks,
Recently I have received my 485 application approved and I also have my plastic card.
My questions are
1. I am getting offers from several companies where they are saying that they will pay me in 1099 rather than W2. Can Some body tell me the difference between the two and which is beneficial for an independent contractor.
2. If I am getting paid through 1099 should I take care of my own medical insurance? If so are there any companies which offer insurance for independent contractors who are not attached to any company?
3. That company person offering me position is saying that let us say hourly rate agreed was 40 dollars then he is willing to pay 25 dollars as salary and remaining 15 dollars as per dim? What is this perdim? He is saying that you need n't pay taxes on perdim because it is like a daily allowance. Please share your experiences.
Thanks,