The Importance of Verifying Independent Contractor Status

However, if an organization doesn't properly document and verify the status of their independent contractor, they can be in for a very expensive surprise when ...

The DOL's New Independent Contractor Test Just Dropped

The Department of Labor announced a new test for determining independent contractor status under the Fair Labor Standards Act (FLSA). · The test ...

IRS reminds business owners to correctly identify workers as ...

Misclassifying workers as independent contractors adversely affects employees because the employer's share of taxes is not paid, and the ...

2024 Updated DOL Independent Contractor Test | XcelHR

The classification is important because employees have protections and limitations that don't apply to independent contractors. Incorrect ...

Understanding Independent Contractor Status | GoCardless

Independent contractors are not entitled by law to minimum wage, pension schemes, health and dental insurance, overtime pay, and other protections. An ...

Proof of Employment Letter for Independent Contractor - Peter Levine

A proof of employment letter for independent contractors is a document that verifies the employment status of a contractor.

Independent Contractor vs. Employee Status: The DOL Issues New ...

If you're found to have misclassified employees as independent contractors, you may owe back pay if employees weren't paid minimum wage or ...

IRS 20 Factor Test – Independent Contractor or Employee?

If a worker regularly must provide written or oral reports on the status of a project, this arrangement indicates a possible employment relationship. • Method ...

What DOL's New Independent Contractor Rule Means for Your ...

DOL's previous rule gave businesses a straightforward test for distinguishing an independent contractor from an employee—mostly hinging on the ...

Employee or Independent Contractor? A Guide to the New Rule

Proper classification of employees and independent contractors results in workers who are employees under the FLSA receiving the hard-earned ...

Independent Contractor Rule: The 6 “economic reality” factors

Costs to a worker of tools and equipment to perform a specific job, costs of workers' labor, and costs that the potential employer imposes ...

Independent contractor (self-employed) or employee? - IRS

In determining whether the person providing service is an employee or an independent contractor, all information that provides evidence of the ...

Employing Independent Contractors and Other Gig Workers - SHRM

Tests for independent contractor status · The degree to which the employer controls how the work is done. · The worker's opportunity for profit or loss. · The ...

Verifying Gig and Contract Workers: Here's What You Need to Know

Identity verification is of the utmost importance when it comes to onboarding new talent within an organization. The people who work for you ...

Documents to Legally Establish Independent Contractor Status

The first step to working with an independent contractor is getting a W-9 form. You can't complete your 1099-NEC forms without it.

How to Determine Independent Contractor Status - EHS Daily Advisor

When your company hires independent contractors to perform jobs in your workplace, the status of these workers could make a big difference in ...

Updated views of the IRS 20 factors used to determine employee vs ...

Independent contractors are rarely totally unconstrained in the performance of their contracts, while employees almost always have some degree of autonomy.

Fact Sheet 13: Employment Relationship Under the Fair Labor ...

If the worker does, that indicates independent contractor status; if the worker does not, that indicates employee status. Examples: Skill and Initiative. A ...

The Proper Use of Independent Contractors - Wessels Sherman

Another issue to consider in an evaluation of independent contractor status is IRS Safe Haven protection. Congress passed Section 530 of the Internal Revenue ...

Independent Contractor Status - National Association of REALTORS®

Brokers and sales agents can determine with certainty what their work arrangements are and can thereby ascertain the role of each with respect to payroll taxes ...