$23,000 base salary + $10,000 loading = $33,000
$33,000 + $6,600 business expenses + $5,940 FICA = $45,540
$45,540 - $2277 (5-7% deductions) = $43,263/1000 = $43.26/hr
The concept of $1,000/year of life is dated. I think I'll just stick with Professor Jenkins' advice and charge no less than $60/hour. More advice from Jenkins:
believe in you
"don't get mad, raise your rate"
contracts for unknown entities
never do business with your $
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