Events2Join

Work with Independent Contractors? How to Avoid an IRS Crackdown


Work with Independent Contractors? How to Avoid an IRS Crackdown

The IRS imposes a broad definition of independent contractors versus employees: “The general rule is that an individual is an independent contractor if the ...

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

Misclassified worker. Misclassifying workers as independent contractors adversely affects employees because the employer's share of taxes is not ...

Governmental Crackdown on Independent Contractors

The Obama Administration anticipates that it will recoup over $7 billion over the next ten years from employers which it determines have misclassified workers ...

How to Ensure Independent Contractor Compliance in the US

The IRS wants to protect US workers rights and receive employment income tax · Ensuring all US employees are protected and have access to ...

The Legal Way to Maintain Independent Contractor Status

In the last few years, the IRS has begun cracking down on mislabeling independent contractors ... To show that you are in control of your work, you should not ...

IRS Targets Companies Using Independent Contractors

If your company is selected for an IRS audit, do not talk to an IRS agent or auditor without careful legal guidance. Just a few careless words can wreck the ...

7 Clues Your Independent Contractor is Really an Employee ...

Work with Independent Contractors? How to Avoid an IRS Crackdown ... Funded, in part, through a Cooperative Agreement with the U.S. Small Business ...

IRS Continues to Scrutinize Independent Contractors

You avoid costs associated with withholding and remitting federal income and payroll taxes, as well as paying the employer's share of payroll taxes. Employers ...

Six Common Triggers for Independent Contractor Audit

But if they performed the same work as a 1099 IC and a W-2 employee, the IRS may wonder why they were not classified as an employee all along.

IRS Cracking Down on Employee vs. Contractor Classification

The Internal Revenue Service (IRS) and Department of Labor have announced plans to aggressively crack down on companies who – intentionally or accidentally – ...

IRS Cracking Down on Independent Contractors - FindLaw

According to a recent Treasury Department report, the IRS is cracking down on the misclassification of "independent contractors.

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

If you have a reasonable basis for not treating a worker as an employee, then you may be relieved from having to pay employment taxes for that ...

Misclassification of Employees as Independent Contractors Under ...

A worker is entitled to minimum wage and overtime pay protections under the Fair Labor Standards Act (FLSA) when there is an employment relationship between ...

Misclassification of Employees as Independent Contractors

The largest incentive for misclassifying workers is that employers are not required to pay Social Security and unemployment insurance (UI) taxes ...

Is your Worker an Independent Contractor? (The IRS Cares!)

While filing your personal and business tax returns is necessary, you generally want to limit your interactions with the IRS and keep it as far away from your ...

Top IRS audit triggers and best practices to protect your business ...

1. Handle audit triggers with care. The IRS has an accrual system when it comes to audit points. If you take deductions or file taxes as an independent ...

Managing the independent contractor crackdown - Pro Remodeler

Should I be worried about the IRS's new crackdown on independent contractors? What do I need to do to make sure my subs aren't going to be a ...

The DOL and IRS War on Independent Contractor Misclassification ...

In addition, in 2022, DOL and the Internal Revenue Service (“IRS”) renewed a memorandum of understanding and added a streamlined process for ...

How the IRS crackdown on freelancer reporting affects you - Triton HR

... avoid paying a significant amount of employment taxes," saving ... The IRS explains that the first step is to issue Form W-9 to independent contractors.

IRS "Crackdown" on Classification of Independent Contractors

In exchange, the IRS will waive any interest and penalties on the tax liability and the employer will not be subject to an employment tax audit ...