Independent Contractors – Classification – Don’t Ignore Other Types Of Workers In addition to employees and independent contractors, there are two other categories that workers can fall into. If you hire either of these types of workers, be sure to handle the paperwork properly to avoid IRS audit headaches and penalties: Statutory employees don’t have […]
contractors
Independent Contractors – Regulations
Independent Contractors – Regulations – Prevent An IRS Challenge For years, the IRS has skirmished with small businesses over whether workers should be considered independent contractors or employees. Although numerous legislative fixes have been introduced in Congress, none have passed. Against this stalemate, here’s what you need to know to protect your business against IRS […]
Independent Contractors
Independent Contractors HAVE EVERYBODY SIGN CONTRACTS – They should sign written contracts that are renewed annually and kept on file. You should also consider having employees sign contracts. By varying the terms in the two types of contracts, you can make the case that workers are performing different tasks. DRAW CLEAR LINES – If employees who […]