Am I charging enough?
I am a self employed small business admin assistant and I was hired by a cleaning company to basically run the entire business but when people have found out how much I charge they think I’m short changing myself so I thought I’d ask for some opinions…
For this cleaning company I do the following:
- Accounts receivable & payables
- All bookkeeping tasks
- Filing and paying of all company quarterly taxes & I work with a tax professional gathering what’s needed for yearly taxes
- I do all contracts, price negotiations, vendor account set up and property viewings
- Scheduling of services
- Maintaining all company insurances
- Employee records and new hiring onboarding
- I’m the main point of contact via email and phone
- I create spreadsheets for monthly budgets and monitor all bank accounts to make sure the company is on track
- Any errands needed for the business and owner
- All mail correspondence
- Keep the office stocked and inventory tracking
I work about 4-5 hours per day 5-6 days per week but I’m always on call for whatever the business or owner needs. I currently charge $850.00 per week and I’m in in the state of Arizona and file my own taxes as I’m a 1099 contractor and not an actual employee.
I look forward to your opinions on the matter and thank you in advance!
Potentially. However, if OP is working in their office space during defined work hours, using the company’s resources, and based on the tasks OP performs, there’s little that suggests she contractor.
Per IRS guidelines, there’s practically no gray area between Employee and Contractor.
I changed the status of my staff for that very reason. They were mis-classified for the benefit of the previous owner to avoid fed withholdings and state employment taxes.
First off, I do believe that she is an employee, not a contractor but a contractor can use onsite if they also maintain their own worksite as well for other work.
The big test would be is if she is exclusive working for them or does she work at other companies doing this same work. She might do 4-5 hours at this job, 1-2 hours somewhere else.