As a contracted worker for M Group Alabama, you will receive a 1099 at the end of the year.
You are responsible for paying taxes for the money that you receive. We do not make any deductions from your payroll. It would be wise to set up quarterly tax payments with the IRS.
Estimated quarterly tax payments are due four times per year:
April, June, September, and January.
• For the period of Jan 1 to March 31: April 15th
• For the period of April 1 to May 31: June 15th
• For the period of June 1st to August 31: September 15th
• For the period of September 11 to December 31: January 15th of the following year
It is good to set these dates in your calendar at the start of every tax year.
Note: You can account for your mileage, cell phone, office space etc.