Becoming Independent Nurse Contractor

Hello everyone! I am so glad I found this forum. I have recently decided in becoming an independent nurse contractor, and I would love to get information of how to start, where to go...I have no clue and I am truly anxious to get the ball rolling. Can anyone give me some pointers, info, advice? Anything will be appreciated. Is anyone practicing this now? How is it going for you.

THANX!

Can you give more info as to what exactly you're talking about? Is it hiring yourself out similar to having your own agency? What exactly is an independent nurse contractor? Can you enlighten this newbie?

An independent contractor is (in this case) a nurse that consults to another business or agency on a specific aspect of business. When you contract your services, you set up an agreement with the other party that you are providing your services to. You are not their employee. The IRS has specific criteria to determine if you are a tru IC on not. Be sure to check that aspect out and abise by those rules.

An IC is also responsible for their own billing and colection of the fees. You are also responsible for paying your own taxes which inclue self-employment tax. When you set up a fee schedule for your services, be sure to include any and all overhead and your profit margin to arrive at your fees.

I hope that helps a bit.