If you perform services as an independent contractor, then you should receive Form 1099-MISC at the end of the year. This form will tell you who paid you and how much. One copy of the form is sent to ...

Being an independent contractor offers many of the benefits that go with being self-employed such as tax advantages. However reaping the benefits of tax advantages requires keeping records, organizing ...

Often, an employee who works outside standard workplace hours to fulfill their role for you is an independent contractor instead of a full-time employee. This employee status difference is a vital ...

Independent contractors have more tax leg work to do than salaried workers who receive pay from just one source. It is paramount you keep accurate records of your pay and expenses so you don’t run ...

The Internal Revenue Service building in Washington, D.C. The acceleration of the due date for filing independent contractor forms with the Internal Revenue Service has put pressure on small ...

Harsh consequences may befall those who mis-categorize themselves or others. Individuals who work for themselves are treated differently than employees, but the distinction is sometimes very hard to ...

What is the legal definition of an independent contractor? “A person or business which performs services for another person or entity under a contract between them, with the terms spelled out such as ...

Employers that have workers which the employer classifies as “independent contractors” (Form 1099) risk having these workers reclassified by the IRS as “employees.” This determination is a major audit ...

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 ...

Engaging independent contractors has many benefits for companies, but misclassifying these employees can pose significant financial risk. Companies and their counsel should stay up to date on the ...