Employee? Independent contractor? How to keep it legal
Federal and state government agencies are on the lookout for businesses that use independent contractors, or freelancers, to evade
"The penalties for non-compliance can be significant," warns
The
The
The relationship itself is another key factor. Are the services the worker provides a key aspect of the company's regular business? Officials might look to see how the worker's assignments compare to those of a company's full-time staffers.
"But make sure they're not doing the same thing as your employees," suggests
Owners can find out more about the government's criteria on the
Companies can be audited randomly, or federal or state officials could be tipped off to possible misclassification in other ways. If there's something suspicious about the 1099 forms sent to independent contractors, the
Some owners might want to use an independent contractor rather than temporary employee. But the two are not interchangeable, warns
For more small business news, insights and inspiration, sign up for our free weekly newsletter here: http://discover.ap.org/ssb
Follow


PBI Reinvents Death Audit Category with Launch of CertiDeath™
Byham’s Insurance Announces the Availability of Comprehensive Health Insurance in Erie and Oil City, Pennsylvania
Advisor News
- Flourish brings private-bank-like cash solution to MassMutual’s network
- Majority of Americans concerned recent market highs are unsustainable
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
- Are families ready for the costs of aging at home?
More Advisor NewsAnnuity News
- New class-action lawsuit targets Delaware Life over annuity disclosures
- A client remarried: Does their annuity still fit?
- Gen X and millennials seek new retirement model
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
More Annuity NewsHealth/Employee Benefits News
Life Insurance News