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Serving Over 20,000 US Medical Transcriptionists

Quarterly Drug Index, NM

Posted By: Romey on 2006-02-15
In Reply to: Quick Look Drug Book - NCMT

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The American Drug Index is good
nm
Good drug book vs. internet drug sites
I need to buy a new drug book.  At a prior job, about a year ago, one of the supervisors told me she used the internet exclusively.  What's the consensus and if you prefer the internet, which site or sites do you like.  Thanks in advance.
Post drug questions on the drug board
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DRUG ELUDING?DRUG ELUTING?

Okay...sock it to me..when I was even newer than I am now, I wrote "drug alluding stent."  QA sent a correction saying "drug eluding stent."  NOW, I see on Google, "drug eluting stent."  SOoooo, which is it, or are they both correct?  Thanks ahead of time.


Help on the drug board--osteoporosis drug?
Sorry..........thanks in advance, I appreciate it. 
temp+heat index= HOT!
Heat index here Sunday (according to National Weather Service) was 126! 97 temp and 77% humidity = 126. Not sure how they got that figure, but it was during the county fair parade, and some high school kids marching barely made it the 3 mile route. Kids and I escaped to a movie theater!
Considering the heat index is 107 here today....
Shorts and a tank top work for a lot here today. I myself wear shorts and tank tops that I find from DKNY, Liz Claiborne, etc. So they aren't junior clothing and are appropriate. Just because I am 47 doesn't mean that I need to put a sack over my head or this body which is in great shape, considering I've had four children, and a hysterectomy. Still a size 8 and will continue to be a size 8. :)
http://www.medrecinst.com/index.asp
this is insane.  when you see who is running this - the person whose claim to fame is actually making the medical transcription business what it is today, boasting over 400,000 MTs. 

now she is trying to what, cut that workforce down by maybe more than half. 

this is an extremely aggressive push for mobile healthcare and point-of service care, which from what I see completely eliminates the need for people at all, period. 

does anyone know, please, is there a future for us in this picture.  is there anyone working with these people to help preserve our jobs in some form at least? 

where do we write, who do we talk to?  this person also used to run the AAMT, and now has jumped ship for the opportunity to make probably millions for front-running this technology.  does she even consider the 400,000 MTs (in this country alone) losing their livelihood.  does she care? 

IS THERE GOING TO BE A PLACE FOR US???
95 with heat index of 100, but hope
is on the way, cool front due tomorrow with lows in the 50s and highs in the 80s.
It's my right index finger-- tightens up - nm
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Medical Phrase Index. nm
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Anyone have a med phrase index book for sale?
I'm signed up with Andrews and am quite a ways into it but they still haven't sent the Lorenzini Medical Phrase Index, and I'm tired of waiting.  Tired of them not sending back tests, too.  Wish I had gone to M-Tec now.
Medical Phrase Index by Lorenzini...nm
nm
Medical Phrase Index - priceless
nm
PMIC Medical Phrase Index by (sm)

Jean A. Lorenzini & Laura Lorenzini Ley.  The fifth edition is a burgundy hardback.  It used to be navy blue years ago.  See link for a pic.  I have this and love it!!!!! 



 


Medical Phrase Index is a necessity. sm
It is the easiest to use, covers many many words from many specialities, and I use mine every day.
As far as specialties, Stedman's makes reference books for pretty much every speciality.
Also, I use my Stedman's Medical&Surgical words a lot even though I'm not doing surgery charts; you'd be amazed how much you need to know just for a patient's past history!
I prefer the Drake&Drake Pharmaceutical Word Book, but everybody has their own preferences for drug references.
http://www.ahdionline.org/scriptcontent/index.cfm
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Get some index card to write acct specifics on,

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I second the Medical Phrase Index, best reference I had when I started out, NM
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My number 1 recommendation is the Medical Phrase Index by Lorenzini sm
and would also recommend Stedman's Abbreviations and Labs - these are all more generic since you are doing a variety. It would be best if you could eventually get Stedman's Cardio and other specialities...but I highly recommend Medical Phrase Index for newer transcriptionists - it helped me tremendously in the beginning
http://web.tickle.com/tests/uiq/index-pop.jsp?sid=2607&supp=text8&z=
nm
The site tells me to change an index.html code to access. Dunno what that is??? nm
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Not to change the subject.. but in Medical Phrase Index, debride doesn't have an accent mark. nm
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I don't pay quarterly.
I pay my taxes at the end of the year when I file. 
Quarterly

I have been an IC for 16 years now but was married before and so had my husband overwithold.   Then the last couple of years held a part-time in-house position and so overpaid that way.  But this year will probably keep an eye on things and see what my taxes will be after about June and if it is bad, will make a payment then.  I will have a lot of deductions this coming year - 2007 - so that will help.  When I do my 2006 taxes I will just see what I owe and go from there.  If it is easier to send in $400 four times a year instead of April 15th, will do that.  I have never had to pay that much in penalities when I did not do quarterlies that it bothered me.  


 


MQ quarterly bonus
Yes, MQ does still pay quarterly bonuses to their SEs.  We earn $50 for each pay period we produce 10,000 lines and another $10 per 1000 lines after that. 
quarterly bonus
Do you still get quarterly bonuses as an SE with the new incentive plan and how is it now going for you?
quarterly bonus
Do you still get the quarterly bonus for the SE incentive program and how is it going for you?
When is MQ getting rid of the quarterly bonuses? SM
Does it start before or after the OCT bonus?
Your first year you don't have to pay quarterly...sm
but of course, you better be setting the money aside. It's the second year where the government will ask you to pay quarterly. You only have to pay 100% of what you paid the year before in your quarterly payments. Ex: in 2006, you start your first year as an IC. You earn $25,000. Your taxes are $5000 which you pay as a lump sum on April 15th, 2007. In 2007, you pay your first quarterly installment on April 15, 2007 of $1250, with equal payments of $1250 at the next three payment due dates. At the end of 2007, you realize you made $45,000. It is not a problem that you only withheld taxes for the $25,000 amount. You will just make up the difference when you file your taxes for 2007 in 2008.  Note: "bump up" your payment amount a little bit to make sure you clear the 100%, i.e. pay $1300 a quarter.
don't need to pay quarterly the first year...sm
the IRS determines you should be a quarterly payer when you file your taxes and show you have no withholding from your job. The  next year you file quarterly but only have to pay 100% of what you made the year before, no matter how much you make or don't make this year. Ex:  You being working as an IC this year 2006. You don't pay quarterly but when you file your taxes in April of 2007 for tax year 2006 you realize you made $10,000 and you owe $2500 in taxes for earnings in 2006. In the year 2007, you will need to make four equal quarterly payments equalling $2500, i.e. $625 (but round up a bit to $650). Your first quarterly payment is due April 15, 2007.
pay quarterly or withhold...sm

Last August, I was dropped from employee status to IC.  I don't know of anyone else in my area that works from home as I do so I have a question for any of you that are IC's.  When you file taxes you get a 1099 form from the work site, do you keep out money in a separate account for your taxes the following year or do you pay in throughout the year? 


So in August of 2005, you went to IC status. You will owe income taxes including self employment taxes on everything from August on. By April 15, your tax man will have figured out what you need to pay. By April 15, this year you need to either start a) filing quarterly or b) increasing husband's withholding so that all your taxes paid for 2006 are equal to or greater than what you owed in 2005. For example, say in 2005, you made $10,000 as an IC and say you owed $2500 in taxes. Your husband made $40,000 and owed $8000 in taxes. In 2006, you would need to have $10500 withheld from his checks or a combination of his checks and your quarterly filings. And don't go into you pay more taxes as an IC than an employee. We've had that discussion up and down these boards these past two weeks. Don't even go there.


quarterly, now I just pay it all in April...nm
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Quarterly Taxes
I'm sure what state you live in, but in NY State I pay quarterly taxes to Federal and State. I get coupons in the mail at the beginning of the tax year, the deadlines for payment are in April, June, September and January. Basically you pay as much as you want towards your estimated taxes. I believe there is a percentage as to how much should be paid in order for it to be most beneficial to you at the end of the year. Not sure how helpful this is, but I'm surprised your State is saying it's not necessary to pay quarterly unless you can just pay a lump sum estimated tax amount.
quarterly taxes
You need to either go to the IRS website or call an IRS office.  They will direct you correctly and give you the proper paperwork, etc to file quarterly.  If you don't file quarterly (depending on your circumstances, children, etc) you stand a chance of being fined. The website also defines as  to whether you should file quarterly and lists the circumstances where you don't.
I take out 35% of each check and pay quarterly. nm
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Quarterly pymts
You can print the forms off through the IRS web page, send for them or if you use Turbo Tax they print them for you if you need them.  As long as you have your cancelled checks you should be fine and send them in with a form and your SSN.
Quarterly Taxes

I send in 35% of all that I have made up to the date taxes are due.  You do not need to categorize it, just make sure you send in enough.  Your percentage may be lower depending on other factors...spouse income and his/her withholdings, deductions, business expenses, etc.  But 30% to 35% should be pretty close. 


It is better to send in a little too much because if you owe (as I did for 2005, my first year filing quarterly), the IRS will send you a bill for interest for the amount you underpaid each quarter.  Plus, of course, the amount under paid.


Just as above. It's part of what you pay quarterly.
When you're an employee, your employer pays 7.5 and you pay 7.5. When you're self-employed you pay the whole 15%. Also, you should be making estimated quarterly payments to avoid a penalty.
Quarterly Tax question
I pay my taxes when I file on April 15 or August 15 if I get an extension. I have a bookkeeping service that does my taxes and you don't have a choice but to pay into social security - i don't know how you have gotten around it. I would be interested to know, though.
The IRS will probably penalize you if you DON'T pay quarterly.
The first year it's usually tough to know what your quarterly payments should be; however, after that, the IRS will send you quarterly payment coupons so you're not the one to determine how often you pay--the IRS makes sure of that.
You can pay quarterly taxes yourself without

the help of an accountant.  You can download the forms from the IRS.  If you are married you can have extra taken out of your husband's check instead of paying quarterly taxes. 


I think most people figure on saving 30% of their income to cover taxes. 


You pay them quarterly. You can download
forms from IRS website.   If you have a spouse you can have extra taken from their check instead of paying quarterly. 
You can do quarterly or not-- depends on what you want - sm
to do. I did quarterly at first but then said forget this, no point as my DH always had extra taken out of his paycheck, so why pay them then get a big refund, not too bright. So now as I I make more and have less write offs I actually owed in 2006, no penalties (refund year before), and in 2007 we also got a refund...had more write offs. I also started a very PT job with my kid's school and now have an extra $100 a month taken out of that to cover my butt for SE taxes. So I get out some, have my taxes taken care of at the same time and get a little extra on top of my MT money. My taxes generally come to 10% of my income, after a joint return, 2 kids, kid tax credit, standard deductions (cannot itemize anymore, not enough). So shooting for a refund, not too big but with enough cushion in case my income actually goes up.
Is MQ still paying quarterly bonuses? SM
I was expecting to get a July 15 bonus. Has this changed? TIA
Well, since you work more than one job, your quarterly bonus is probably not what it could be...sm
...and I am sure that is why you will stay.
I don't pay quarterly taxes. My husband
as 0, so they take out the maximum possible, PLUS he has them take out an extra $100 out of every check to help cover taxes on my income.  Usually when we do taxes we owe an additional $1000 to $1200 after what he has taken out of his check, my business expenses, and our itemized deductions.  We just write a check and send it in with our taxes.
I always paid mine quarterly - sm
And if I was short, I just didn't get as big of a refund at the end of the year. I have never had to pay at tax time though.
question about quarterly taxes
I have been trying to figure this out and I haven't quite understood it yet, but since it is posted, here goes, where do I send the quarterly taxes and how much? I sent an email to my state tax commission about this, but what I got back from her is that it is not necessary to pay quarterly, so that was not very helpful. Please excuse any typos, I am very tired.
I was never disciplined enough to pay quarterly so I asked sm
the company I worked for to change to employee status after paying a high tax bill, which they did for me. Yes, it comes out to be more than if you are an employee if you keep good records such as phone bills, internet connection, stamps, paper, printer supplies, computer, ink, calculator to add it all up, etc.

For me, it is better to have a lower check because they are taking the money out up front. As an IC, you just need to put it in a savings account until the quarter is up and you still owe the same amount but it NEVER worked for me as I spent every penny and then cried at tax time every year.

Go to employee status is my advice.
File quarterly. There are four vouchers
per year with which you send payment, due dates are on the vouchers.  Just keep track of how much you owe the gov't and don't spend the tax money you owe is all I know to tell you.