Contracting is way better lol

Albertsons joinednflx
Jul 8 52 Comments

If you do full-time you pay tax after a year. And that's when your stock vests. C2C never pays tax.

My 210hr C2C Netflix contract is a step up from Albertsons but it's still way better than full-time. If you make 500k full-time you're taxed 60% and get 100/hr. As a C2C you keep all of it. Even Albertsons paid 105hr C2C and I could have bid that to 125 if I cared.

You would have to make something like a million TC to match a lowly Netflix C2C. And really, the only people who make that are directors or startup founders who have money anyway.

Contracting is stressful but if you're haggling over tc it blows full-time out of the water.

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TOP 52 Comments
  • Microsoft big j
    I believe this is called tax evasion...
    Jul 8 3
    • Albertsons joinednflx
      OP
      Yes sir
      Jul 8
    • Microsoft big j
      Well there's always free food in jail πŸ˜‚
      Jul 8
    • Tax AVOIDANCE, similar goal but avoidance is very legal and very cool
      Jul 8
  • Splunk
    jabberjaws

    Splunk

    PRE
    Microsoft
    jabberjawsmore
    Are the taxes lower?
    Jul 8 9
    • Albertsons joinednflx
      OP
      Worst case I just pay taxes
      Jul 8
    • Microsoft
      🀑🌎bro

      Microsoft

      PRE
      Albertsons
      🀑🌎bromore
      Worst case you go to prison for tax evasion.
      Jul 8
    • Albertsons joinednflx
      OP
      Im too poor for that
      Jul 8
    • Microsoft
      🀑🌎bro

      Microsoft

      PRE
      Albertsons
      🀑🌎bromore
      Bro you work at Albertsons, you probably have so much cheddar. Stop feeding us nonsense.
      Jul 8
    • Albertsons joinednflx
      OP
      The Netflix conflict has 5 months left and then I might return to Albertsons
      Jul 8
  • Microsoft
    🀑🌎bro

    Microsoft

    PRE
    Albertsons
    🀑🌎bromore
    Hell yeah this guy is back again schooling us with his Albertsons wisdom. πŸ™
    Jul 8 0
  • FormFactor Tove1
    Dude just as a curiosity what do you do at Albertsons to get pay that much?
    Jul 8 4
    • Albertsons joinednflx
      OP
      Spark
      Jul 8
    • FormFactor Tove1
      Where I learn that hahahaha lol
      Jul 8
    • Albertsons joinednflx
      OP
      Just google
      Jul 8
    • FormFactor Tove1
      Thx dude
      Jul 8
  • New / IT FinTecCISO
    I rather pay the taxes and sleep better at night
    Jul 8 3
    • Albertsons joinednflx
      OP
      I'd rather make 1m TC at a grocery store
      Jul 8
    • New / IT FinTecCISO
      Im good with 450k from porn sites.
      Jul 8
    • Albertsons joinednflx
      OP
      Are you serious? I've thought about seo stuff like that but I thought it was pretty saturated.
      Jul 8
  • SEC yes, right here this guy
    Jul 8 1
  • This comment was deleted by original commenter.

  • EA / Eng dietPepsi
    You still have to pay those taxes bro.
    Jul 8 1
    • Albertsons joinednflx
      OP
      Eh it can be an LLC that piles everything into buttcoin
      Jul 8
  • Amazon / Eng utu
    Can I get a referral?
    Jul 8 1
    • Albertsons joinednflx
      OP
      Sure, pm me your details
      Jul 8
  • Apple Tim cock
    Even if you do manage to avoid taxes, a huge part of working at big companies is the chance to rest and vest.
    Jul 8 3
    • Albertsons joinednflx
      OP
      I can just rest, I'd need to make 600k at faang to move. That's like an l8 and they don't hire those externally. Also, it would be way more work than what I do now.
      Jul 8
    • Apple Tim cock
      I was a contractor once (through vendor company, not C2C) and I didn't feel safe. There was always a feeling that they would end the contract eventually, and they did. But you're right the work was easier than FTE. Not sure if the uncertainty is worth it, but I'm pretty risk-averse in general, others may like it.
      Jul 8
    • Albertsons joinednflx
      OP
      Full-time is shitty too. Nobody stays at a job for a year. The ones who do are a freak occurrence.
      Jul 8
  • Accenture hdow
    so what are the advantages you get from being C2C vs 1099? what the items you expense?
    Jul 8 4
    • Albertsons joinednflx
      OP
      No taxes c2c
      Jul 8
    • Accenture hdow
      and is this LLC? how can it have no taxes?
      Jul 8
    • Albertsons joinednflx
      OP
      Go read
      Jul 8
    • Jet / Other
      gtfoorgtfo

      Jet Other

      PRE
      Starbucks
      gtfoorgtfomore
      Do you really expect a guy who just incorporated to know all this stuff? Ask next April :)
      Jul 8
  • New / IT FinTecCISO
    Bro disney isnt in the porn media market . Lol
    Jul 8 3
    • Albertsons joinednflx
      OP
      Oh I see you work at a porn company.

      Do they even have programmers? I assumed they just outsource everything and their internal it is minimal.
      Jul 8
    • New / IT FinTecCISO
      Wow bro....you really have no idea what your talking about..
      Jul 8
    • Albertsons joinednflx
      OP
      Well you're not really explaining..
      Jul 8
  • New / IT FinTecCISO
    Yeah theres good profit margins, custom media is the way to go.
    Jul 8 1
    • Albertsons joinednflx
      OP
      It's actually a shitty industry and Disney will crush it, all my coworkers are morons (although maybe cause I'm in finance) but it pays good for now
      Jul 8
  • Zillow Group ^H
    Where is the scale button ?
    Jul 8 1
    • Albertsons joinednflx
      OP
      It's on your pcf app under settings
      Jul 8
  • New / IT FinTecCISO
    No thanks i prefer full time remote work they pay all my rent 401k and healthcare no need for me to worry about taxes or accounting
    Jul 8 1
    • Albertsons joinednflx
      OP
      Remote is always ideal
      Jul 8
  • I did not expect Albertsons would show up.
    Jul 8 0
  • Albertsons joinednflx
    OP
    @LoveDeathR
    Jul 8 0