Turning down the offer from the new consulting company is probably one of the craziest things I’ve ever done. The new offer was a 1099 position as opposed to my current W2 gig (1099 employees pay all of their Social Security and Medicare taxes while a W2 employee splits these cost with the employer). The uptick in hourly rate was not sufficient to cover my costs and three business day notice was not enough time to do due diligence on tax and legal issues. I sent out the obligatory farewell email before I closed the laptop on Friday.
I just paid for a new roof and I’ve got a tax bill to pay. There’s also the looming new fence expenditure. I must be out of head to walk away from this job but I felt like I was being railroaded into taking the offer. At least I have an emergency fund to live off of until I find a new job.