I joined a consulting firm as an Independent contractor to work on one of their projects that they were handling for a well known MNC roughly one month ago. I was hired as an independent contractor so I guess I would have to pay all taxes myself.
But when I received my first paycheck, I see that I had been deducted state, federal and FICA tax just like a regular employee. Could somebody provide a remedy for this. (BTW, I like being taxed like this, saves me a lot of headache , but I would like to know if there are any implications?)
(background : US, Virginia, started job in first week of July and received paycheck on 1st August, single, hourly independent contractor)