A 1099 tax form is a statement that details an amount of money that you were paid. Learn about this important tax document ...
An independent contractor is someone who works for a business or company but is not an employee. The IRS uses three categories of evidence to determine if someone is an independent contractor or ...
Form 1099 is used to report non-employee compensation paid to independent contractors, freelancers, and service providers. Federal regulations require businesses to issue Form 1099-NEC to qualifying ...
As of Jan. 1, 2022, New York employers are required to report individuals engaged under independent contractor arrangements when the contract exceeds $2,500. This requirement aligns contractor ...
Question: I have an employee that wants to convert to being paid as an independent contractor. I understand I can save money on payroll taxes and employee benefits if I agree to the change. Even ...
Before your business hires workers, you have a big decision to make: Will they be classified as employees or independent contractors? Here are some factors to consider from a business perspective and ...
It is illegal to knowingly classify an employee as an independent contractor in order to avoid Affirmative Action recruitment efforts, and/or to avoid payments such as employment taxes and fringe ...
Congratulations! Stepping out on your own is a big deal and I want you to celebrate … and protect yourself. When you agree to work for another person or company as a freelancer, you're acting as an ...
At some point, you may need to hire an individual as an independent contractor to provide services to advance the strategic goals and programming of your department. Since these will be individuals ...