IC Question

What is the equivalent IC rate to equal about 9 cents per line as an employee in regard to SS and federal tax match by employer?  State taxes and benefits do not need to be considered.  Just a range is what I'm looking for.  I'm thinking about 11-12 cents?  But I'd like an 'expert' opinion :-)

Do ICs generally need an accountant to figure withholding taxes/schedule, etc., or can it be done by a somewhat intelligent life form with a little research.  OR is it strongly advisable to have an accountant?

I did try a search, but wasn't able to find this info readily.

I sincerely appreciate your time! :-)

• IC Question - employee dinosaur
  • Thank you ALL very much. VERY helpful! :-) NM - employee dinosaur
  • Once again --- IC taxes - YOU only pay 7.5% SS additional - Patti
    • Don't forget - academia
  • forgot fed - anon
  • IC - anon

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