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>>I'm not sure I see how your taxes would be different either way. Depending on your tax bracket the extra income could move you into a higher tax bracket. As a part-time employee, it may be harder to declare your expenses against your income (kinda guessing with that statement actually). Another idea is to form a corporation, and you might be able to reduce your tax rate somewhat (but in the end you pay yourself out of the corporation, so it's probably a wash). Forming a corporation would also serve to limit liability. Although I've heard that strategy isn't always bullet proof, it helps me sleep easier. FWIW, I eventually formed a C corporation and feel like it's worked out well so far.
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>I was thinking as an employee half of my Social security tax is paid for me. But now that I think about it, I think you only pay SS tax of the first $????? dollars. I will have to look into that.
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>I will have to consider what I may be able to deduct in the way of home office/travel if I went the independent route.
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>Thanks,
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>Patrick

You might also want to check current IRS guidelines on what constitutes an independent contractor. I know in the past that if you had just one client they considered you an employee and expected the client to withhold and remit payroll taxes. And your travel was not deductible except to the extent it would be for an employee.