Health Insurance for Freelancers

This is an interesting development in the world of temporary and contract workers.  Bear in mind, once you become a W-2 that changes the composition of your business as a self-employed individual.  Examine the pluses and minuses before making a switch like this.

Outsourcing Firm’s Latest Offering: Health Insurance – BusinessWeek

Switching to services like oDesk Payroll has tax implications for freelancers as well. While workers who switch will no longer be subject to the self-employment tax, they will also lose many of the deductions they claim as contract employees.

Small Business Outlook 2010 – Forbes Insights

Follow the link to CSMonitor.com where you can find a link to download the entire report.

Another view of small business owners’ thinking / The Christian Science Monitor – CSMonitor.com

Those entrepreneurs who have been able to make the hard decisions and get back to their bootstrapping roots have survived the first phase of the recession. While Wall Street seems to be trying to convince themselves that a recovery is around the corner, every indication is that we will be facing a prolonged period of high unemployment with a possibility of a double-dip downturn and significant inflation.