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Message:: [QUOTE="Pedigreed Bulldog, post: 4677462, member: 64805"]As an employee, 1/2 of the employment taxes (social security & medicare) are withheld from your pay, and the other 1/2 is paid by the employer. As an I/C, the ENTIRE amount is paid by you. As an employee, federal and state income taxes are withheld from your check as well. As an I/C, those are your responsibility to set aside and pay quarterly. In other words, that "extra" money that you're thinking you'll see is owed to the government...and then some, because you'll have the "employer" half of the employment taxes to pay. If you are driving somebody else's truck, hauling freight for that other person, then you are an employee. If you want to be an I/C, buy your own truck...and even then, if the carrier you are leased to assumes too much control over your operation, you still might be considered an employee. It is EXTREMELY difficult for a company to legally hire drivers as I/C's to drive company trucks under the direction of the company...and even tougher to come out on top as a driver in that situation.[/QUOTE]