I don't know where you got your figures, but you are incorrect.
Posted By: TO (...for DP) on 2005-09-12
In Reply to: To clarify: 6-8 CPL with NO BENIES, PAYING 40% in taxes IS a ripoff - .
Self Employment tax is only about 15.3%, which is only a small percentage more than you'd pay with employee status. FICA and Medicare are already taken into that figure. As a self-employed person, you get to deduct a bunch of stuff, too, so your taxable income isn't as high as it would be if you were an employee. Nobody earning $1,000 is taxed at 40%. You have to earn more than $278,450 as a single person to be in the higher federal tax bracket of 39.6%. I've been self-employed for over 8 years now. I've never paid anywhere near 40% in taxes.
BTW, I have a minor in accounting with many years of bookkeeping and tax preparation experience. If you still don't believe me, check out the Small Business section at the IRS.GOV website. There is a ton of accurate information there.
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I don't know where you got your figures, but you are incorrect.
Self Employment tax is only about 15.3%, which is only a small percentage more than you'd pay with employee status. FICA and Medicare are already taken into that figure. As a self-employed person, you get to deduct a bunch of stuff, too, so your taxable income isn't as high as it would be if you were an employee. Nobody earning $1,000 is taxed at 40%. You have to earn more than $278,450 as a single person to be in the higher federal tax bracket of 39.6%. I've been self-employed for over 8 years now. I've never paid anywhere near 40% in taxes.
BTW, I have a minor in accounting with many years of bookkeeping and tax preparation experience. If you still don't believe me, check out the Small Business section at the IRS.GOV website. There is a ton of accurate information there.
Figures
.
Don’t know where you got your figures but
I make almost $24.00 per hour, so that salary is ok with me.
Figures
My figures were based on your production x 0.03 or 0.04 cents per line which is what most of the major companies pay for VR. Of course, I don't know what you get paid and it doesn't matter, was just doing the figures based on the AVERAGE pay I know is being offered. I think 3000 lines per day is pretty much the high end of what most people can produce. Some dictators lend themselves well to VR and others do not and that slows the production.
my figures were off.....sorry...sm
I went looking for the stats - and these stats I'm going to paste are from the 2000 census - and believe me, things have changed drastically since then....back then I read/heard there were 800,000 cubans in Miami but I think it was Miami-Dade and the stats i just found are Miami only....and 65% of the population are hispanic/latino but that's not just cubans...the 2000 census says total population in miami is 404,000. I'm disputing that today but new stats (accurate) are a tad difficult to find...but I'm still researching...*laughs*
2000 census info for Miami, Florida:
Population - 362,470
![362,470]() FL (Florida)" src=http://www.muninetguide.com/muninet/images/blend.jpg" width=226>
Latino
![65.76%](http://www.muninetguide.com/muninet/images/px-orange.gif") 65.8%
White
![11.83%](http://www.muninetguide.com/images/px-green.gif") 11.8%
Black
![22.31%](http://www.muninetguide.com/muninet/images/px-purple.gif") 22.3%
The median age for residents in Miami, FL is 37.7 (this is older than average age in the U.S.).
Families (non-single residences) represent 62.1% of the population.
Median Household Income
2000 U.S. Census data, adjusted for inflation
info gleaned from below link:
http://www.muninetguide.com/states/florida/municipality/Miami.php
when they speak of Miami with the bigger #s I just read at another site - they mean Miami-Dade, Broward, and Palm Beach County, total population of all 3 counties is 5.4 million, and all 3 counties comprise South Florida (as I would think/presume Naples and other more SW cities do on the Florida West Coast)....
all very interesting....I'm glued this afternoon to checking this out 
Here's some figures for you to gum on ..
For me, the half cent a line incentive averages out to about $1.75 an hour more JUST FOR THE CMT equates to about $1750 a year on a 20-hour a week job.
The 1 cpl incentive comes to a little more (easier platform and accounts) comes to about $3.80 an hour more and about $3800 over the year for 20 hours a week.
So, it totals about $5500 a year. For me, it's worth it.
Unemployment figures are also down
because the people that have run out of unemployment compensation are not counted in the final tally. Yes, unemployment figures are very misleading.
Also, are these figures before tax/expenses or after? sm
Some ICs might be quoting their pay before taxes and expense deductions, which isn't their ACTUAL pay for the year. If someone has their own accounts and says they bring in $50K per year, that's possible, but probably not the amount they receive free and clear.
I find it hard to believe anyone makes that much free and clear unless they are working 12 hours a day, every day, and pulling in a significantly high per-line rate. I'm not saying it can't be done, but I base this opinion on the fact that I make a very good line rate, type over 100 wpm for easy accounts I've had for years, and still don't bring in that kind of money free and clear. I come close with my gross income, but after taxes and expenses, it's only about 65% of that! And I work 9-10 hours a day with only one week of vacation per year.
Come to think of it, that's pretty sad when I see it on paper. LOL I'm going to go look for a new line of work now.
Lines per hour - I just do NOT get these figures. PLEASE tell me how you hit these #s
Okay. I have been doing this for 25 years, and am a CMT. I rarely have to reference anything - even meds. If I do, I can find my answer in 30 seconds max. I type on a super platform, have a great expander and spell check, and type really, really fast - averaging 120 wpm last time I tested. I have a great account, though I use NO normals or standards. I simply cannot - accounts are verbatim to the word, and nothing is repeat dictation. Even Op reports, which are my specialty, all MUST be typed from scratch. I average 200 lines per hour - maybe 250 at best. I am great at this except obviously not making 1000 lines in 3 hours. There must be some detail that you guys are leaving out, which, if it makes me feel like mud, must really dash the hopes of those new to the profession. Is it that you all use normals or standards or copy and paste your own stuff to boost up those line counts? Otherwise, how on earth do you hit those numbers? I'm asking sincerely, cause I used to be SO happy hitting 1200 lines after a 6 to 7 hour shift, but now I feel like a total failure. I'd rather do this in 3 hours, or I'd rather hit 2000 in the 6 hours. Is it the macros and standards and normals and all? I think that MUST be the key, in which case I won't feel bad, because my account simply won't allow that! Thanks for any tips!
I have heard fair figures between $14 to $18
per hour. Good luck!
I realize that, but any average figures?
About 7000, but our income is low 6 figures, so ratio isn't too bad.
s
The "unemployment" figures are down bec our country does not count
have gotten discouraged and given up. So the unemployment figures are very misleading according to a PBS program I listened to this morning. That sure made sense to me bec all around me I see people being laid off and they sure aren't getting jobs.
That's great if I typed with 65 cpl, but my National's line figures
xx
That is incorrect... no PTO for SE
...opportunity for PTO for part-time employees and increased PTO of up to 18 days per year for full time employees...
I'm sorry, KJ, but that's incorrect. SM
Stedman's medical dictionary defines fluctuance as: A wavelike motion felt on palpating a cavity with nonrigid walls, especially one containing fluid. Synonym is fluctuation.
"Flocculence" is not even listed.
I suggest checking out Dorland's online medical dictionary or onelook.com for research in the future.
That's incorrect. sm
According to the IRS definition, they can't dictate any part of your schedule, except for the deadline by which you must return the work. When you do it is strictly up to you. Some companies do ask the IC about how many hours per day they'll work or even the time of day they normally like to work. That's so they can find another IC who likes to work the opposite schedule. However, they can't require you to work at that time.
incorrect, but
Keep in mind -- with TATs getting shorter, a 'work when you want' schedule is getting less realistic for meeing some client needs. Plus, when working in some platforms - especially for hospitals - it is often limited as to how many licenses you can get -- so perhaps they can only have 4 or 5 people in at one time. Scheduling for them might be necessary to keep the workflow going and guarantee the volume of work everbody wants. If you agree and commit to a schedule, I'm sure they expect you to stick pretty closely to that so they know what is going on from day to day.
Incorrect
She can be eligible if she is not working full-time, is looking for full-time and reports her earnings. She might only be making $100 per week if it is a small office and her benefits are $400 per week and she can earn up to 50% before they take anything away from her benefits. You can work part-time and still collect your unemployment. You just have to be available and looking for full-time employment.
Unfortunately, you are incorrect.
I have seen MTs who do not know appropriate medical terminology after 20 years of being in this business. Obviously, they should have received some type of correction along the way but either they didn't or they failed/refused to accept a change.
As for the OP stating she has 16 years experience -- still does not change my opinion.
It is a POSSIBILITY that she is not as good as she thinks she is.
I have heard time and time again the story of how many years experience an MT has only to turn around and flat out fail the simplest of dictation tests, even written tests where they can use references. When I show them their errors they are shocked because they had always done it that way.
It is a possibility.
BTW, I see QA personnel daily who can do no better, either.
That is incorrect.........sm
The other post is right. No one doing your taxes should even ask that question as long as they know you are an IC and paying everything yourself. The hours you work have absolutely nothing to do with it. IC means you pay all your taxes, your company pays nothing for you. As long as this is the case, the IRS could care less. They just want to know they are getting their money. And yes, you can count your home office deductions as long as the office is used only for your work and not leisure time or anyone else's work area.
Never. This is incorrect.
I did QA for a number of years, and if I had seen "labwork" or "bloodwork" in a report they would have been marked as errors. These are neither proper English words nor even "usage" medical jargon.
Actually, you're incorrect. sm
Take a look at any newspaper. You'll see positions for SECRETARIES requiring bachelor degrees. Countless jobs consider a 4-year degree a basic requirement for being considered. A bachelor degree shows the ability to follow through, if anything. No, it's not 100% assurance of a great job, but it does open up doors that will absolutely be closed to you otherwise. And statistics consistently show that people with a bachelor degree tend to make quite a bit more than those without. You can't argue successfully when there's concrete evidence to prove otherwise.
No, actually, you're incorrect.
With my experience and with no college degree, I could get a job as a legal secretary anywhere in the United States, and in many of these places, I'd actually earn more money than an associate attorney in the firm. Have done it several times before changing fields.
That old saying, "Jack of all trades, master of none" keeps popping in my head.
and you are incorrect - all condo and....sm
ALL condo associations and homeowners associations have rules and regulations that ALL must follow and if you cannot or do not want to follow them - you cannot live there. It's that simple. Many of the rules and regulations are also benefitting the owners, like keeping riff-raff out. *lol*
Lynn - you are incorrect!!! It's a......sm
for example, my state never required a license if you worked at home on a computer with having no traffic to your home, until THEY CHANGED the law/rule.......
your QA dept is incorrect....
from whonamedit dot com and when it's a proper name and you have to put *non* in front of it - you hyphenate..non-Hodgkin's lymphoma
Thomas Hodgkin (1798-1866) |
English physcian and pathologist, born August 17, 1798, in Pentonville, St. James Parish, Middlesex; died April 5, 1866, Jaffa, Palestine [now Tel Aviv-Yafo, Israel]. |
Hodgkin-Paltauf-Sternberg syndrome (Hodgkin's disease) |
Hodgkin-Paltauf-Sternberg disease (Hodgkin's disease) |
Sternberg’s disease (Hodgkin's disease) |
Pel-Ebstein fever (Hodgkin's disease) |
Paltauf-Sternberg disease (Hodgkin's disease) |
Hodgkin’s syndrome (Hodgkin's disease) |
Hodgkin’s paragranuloma (Hodgkin's disease) |
Hodgkin’s granuloma (Hodgkin's disease) |
Bonfils' syndrome (Hodgkin's disease) |
Bonfils' disease (Hodgkin's disease) |
Hodgkin's disease |
A neoplastic disease of unknown aetiology, considered to be a form of malignant lymphoma, producing enlargement of lymphoid tissue, spleen, and liver with invasion of other tissues. |
I, myself, hate the incorrect use of *myself*
I wholeheartedly agree! My accounts do say I can correct *obvious* grammatical mistakes, so I REFUSE to type the word *myself* when used incorrectly; I consistently edit to *me* where indicated.
When exactly did the word *me* become so unimportant? It's news to me, or, as the some of our dictators might say, "It's news to myself." LOL.
Similarly, there's the age-old misuse of the pronoun *I* as the object of a preposition, when the correct pronoun would again be *me.* Some people will do anything to avoid the little ol' word *me.*
I guess you're right--*me* just sounds too ordinary. Maybe we should change that old saying to *Fool myself once, shame on you; fool myself twice, shame on myself.* I wonder if anyone would think THAT sounds sophisticated.
incorrect! it's on the diagonal...
That is incorrect. There is no money sm
in being a doctor anymore. The days of the doctor who had a mansion on the hill in town are gone. The money is gone, replaced by the headaches caused by the insurance companies who are directing care in this country, the administrators of giant healthcare systems trying to run facilities instead of medical staff and every year the insurance companies pay less and less on a visit, procedure or test.
Looks like it has been correct, it was incorrect.
*nm*
It's ELUTING. Your QA person is incorrect (tsk tsk). nm
nm
i forgot, they also learn how to use incorrect
verbiage and dictate in a whisper, in a crowded room with the television blaring in the background and they learn how to dictate without having to hold the microphone - they learn to lay it down and dictate so that the dictation also has all the background noise for the Transcriptionist to get share with them. 
Page 9 BOS - apostrophe would be incorrect in MTs
plurals
Use a lowercase s without an apostrophe to form the plural of capitalized
abbreviations, acronyms, and brief forms.
EEGs
PVCs
CABGs
exams
Use ’s to form the plural of lowercase abbreviations.
rbc’s
Use ’s to form the plural of single-letter abbreviations.
X’s
You are incorrect. Read more carefully..
All grads are offered the classes free. You can get a discount on the book if you are a grad as well.
Susan also authors the following info about this on the forums:
When you graduate, M-Tec offers a FREE study group for the RMT exam. We also have discounts on books/materials (study guides) that you can get here as well. I would not recommend taking the exam until you graduate, but I have seen a few who said they did and were successful.
Really....it is free for grads! I'm not arguing; I just don't want anyone to be misled.
Nope, my husband is not incorrect....sm
After 30 years on the job, my husband should know what he's talking about. In my original post, I said:
"If the equipment in the box is not fiberoptic compatible or old technology, you can't get DSL in the area served by that box. Once enough people ask for DSL so that it is "cost effective" in that area, you get new equipment installed and that area gets DSL."
Analog phone lines DO NOT support DSL, which stands for Digital Subscriber Line. So, I should have also stated that the phone lines have to be fiberoptic, then the box updated and then enough subscribers.
Out the highway we used to live on, fiberoptic cable was laid back in 2003. In 2005, they finally got around the changing the 1st box outside of town and the 3rd box, allowing the people who have phone service originating from that box to receive DSL, which lets me know there were enough people in those areas that requested DSL for it to be "cost-effective."
I have a friend that lives in the zone controlled by box #2 on that road and she has been requesting it since the fiberoptic line was laid down and STILL can't get it because there aren't enough people asking for it.
Also, the fiberoptic line can handle a LOT of traffic compared to the original analog lines, and that is why you can have a DSL connection and talk on the phone at the same time. With analog lines, which only support dial-up and ISDN in the first place, you cannot, even with a filter.
I didn't come on here to start an argument or even a debate over whether my husband learned anything in 30 years, I just wanted to parlay some information to those who are getting incorrect information when they are being told they have to be within 3 miles of the central office or 5 miles, etc.
I always correct them. Guess I'm too a@al to put in the incorrect word. nm
x
either way is correct. They are moving away from the hyphen but it is not incorrect.
nm
That's incorrect. A 4th year medical student is
indeed an M.D. They do not have a license to practice yet, though.
Melissa gave incorrect answer, it's...sm
AAMT changed their name to AIHD - Association for Integrity of Healthcare Documentation. Don't know WHERE Melissa got info from but it's incorrect information.
need help with removing incorrect words in dictionary...sm
I know I have been told how to do this, but I don't remember how to remove incorrect words in my dictionary. Any help will be greatly appreciated. 
Regarding changing incorrect patient name to correct name
When I change the pt's name on the DEMO page (AFTER I have already gone onto the typing page), when I do CTRL J inside the document to change to the correct patient name, it will change the patient name on the DEMO Page, but not change the patient name on the document screen that I am typing on. The only way I know to fix this problem is to exit ExText and go back in. Help, please, anyone.
...do an incorrect word or even pull up something already created...nm
s
How do I change incorrect spelling in Word?
I accidentally spelled a medication wrong and added it to the dictionary. How do I go about changing this? Any help would be appreciated. Thanks!
Actually, you are incorrect. People post their feelings on this site
to having to register and give their personal information, IP address, etc. Be pro-AAMT. I choose not to and that is my right. No whining, no complaining...I am just one of those American MTs who doesn't see AAMT as glorious as you do. Also an Old MT.
This is incorrect information. See the save email link.
/
Well, that is incorrect information. You should leave your 0 balance accounts open sm
that shows that you are responsible and not over your head in debt. When you have a credit line of 15,000 and your balance is 0, that is a great asset. I am a mortgage loan officer myself, and the mortgage brokers want to see open accounts with 0 balances. That also helps you debt to income ratio, which in turn increases your credit score!
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