What is employer tax and who should bear it if working on corp-corp?

[rajkume]

Hi,

I have been in US for close to 2 years as a full time employee.I am planning to start working as a contractor. I am in the process of transferring my H1B Visa to a consultant. While discussing with the consulting company it was discussed that I had to bear the employer tax, if I am going to work on 80-20 basis. I have consulted few of my friends who are not sure of what is called as "employer tax" and how much percentage it would be and who would be bearing it when working on contract basis? Please advice.

Thanx in advance,
RK

[shervin143]

Read this (Especially post # 4 by txh1b).
http://www.immihelp.com/forum/showthread.php?t=70618

[rajkume]

Thanks for the clarification

Shervin,

Thanks for your clarification.This is of great help.