I need advice
I currently make $165000 as W2 employee in NJ.
At the end of the month I am being laid off and I am being offered 1099 positions.
However the rates are low like $80/hr
Does anyone have suggestions on the best way to determine the hourly rate I should be asking to ensure I my take home after setting aside taxes is close to my W2 pay? I am not sure how to quickly determine that hourly rate. Suggestions??
