So I found out today, my second day on the job, that I am an independent contractor. My employer could be a lot more organized and forthcoming with this kind of information, but now I know. And I am kind of freaking out. I’ve never been an independent contractor before, and I don’t know how to do this! I need info.
Taxes- I always get the earned income credit, and I always get back what I’ve paid in and then some. Is it necessary for me to pay quarterly, or what? And how does one do that? I do not make enough to go out and hire a CPA or anything like that, so I have to figure this out myself. Also, I guess I can deduct my uniforms, mileage, etc?
Benefits- I was told at my interview that after three months, I would get a raise, and benefits. Now I’m thinking that’s not true. ICs don’t get benefits, right?
What else do I need to know, if anything?