There's a huge time savings that comes from being an FTE. Managing benefits, taxes, and hours takes up a non-insignificant amount of time. When I was a contra

There's a huge time savings that comes from being an FTE. Managing benefits, taxes, and hours takes up a non-insignificant amount of time. When I was a contractor, I had to keep track of my time pretty much down to the minute, then I'd submit an invoice and wait 60 days for a check. So I'd also need to keep track of what hours I have been paid for. Not having to keep on top of getting paid is alone worth being a FTE. Though, I'm not sure if there are places that pay FTE-like contractors on a more regular cadence or not. I don't see where the tax savings comes in, especially now that the standard deduction is ~13k per person. I'm not going to pretend to be an expert here, but I don't see how I could accumulate that much in tax deductions each year, even deducting part of my house and buying new computer equipment all the time. This is especially true now that I get a tax-free stipend that covers my internet and mobile phone as part of my paycheck. I might be able to squeeze a few more dollars out each year because I work for a place that has "unlimited" PTO and I don't really take PTO. But I feel like those hours would be lost dealing with getting paid.