- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
Yes, and more. If the company paid for the supplies and materials you used to do your job, or if they paid you an hourly wage that they determined and you did not charge them then they would have financial control.
Think of the difference between a plumber who works for themselves and one that is an employee. Generally, the employee will be driving a company van that the company paid for and using tools that the company paid for. The company will also set the employees schedule and dictate what jobs they can and cannot do or what behaviors are allowed on work premises or in the company vehicle. When you are working as an employee, the company gets to choose more of what you do and how and the company invests into the equipment used. The company bear the financial burden of materials, supplies, tools, etc.
The self-employed plumber will have decide how much to charge the customer, they will decide what jobs they want to do and don't want to do, they will be responsible for paying for the van and equipment. Being self-employed, you bear the financial burden of supplies, materials, tools, equipment, but you also choose your schedule and choose what jobs you do and don't do.
**Mark the post that answers your question by clicking on "Mark as Best Answer"