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Reply to "200k independent contractor or 110k fed?"
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[quote=Anonymous]I've been an IT contractor for many years now - I've done 1099 (both SSN and EIN), corp2corp, and w2 hourly. I would recommend you go the contractor route for now. You're young, so it'll be easier for you to switch contracts and follow more interesting work. Additionally, you will enjoy better pay and additional tax writeoffs. Most importantly, you can negotiate a better rate later on - imagine if you do good work - you could easily ask for say a 10-15-20 hourly bump in the rate. With govt job you're pretty much stuck at same pay for years. Go to govt when you're 45+.[/quote]
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