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 ...
A new U.S. Department of Labor (DOL) rule offers guidance for employers related to determining whether to classify a worker as an employee or independent contractor under the Fair Labor Standards Act ...
Please complete and submit this form well ahead of the start date for your requested scope of work agreement. It can take upwards of 15 business days to obtain the required approvals and signatures on ...
We have everything you need to know about worker classifications, the fight to change them, and how they might affect your taxes and the tax software you can use. I write about money. I’ve been ...
The Biden Administration announced a proposal last month that, if passed, will create stricter parameters for companies hiring independent contractors. The Biden Administration announced a proposal ...
If a taxpayer receives bitcoin as compensation for services provided as either an employee or an independent contractor, the value of that bitcoin is treated as either wages or self-employment income, ...
A variety of 1099 Forms are used to report income to the IRS Fact checked by Vikki Velasquez A Form 1099 is issued to report non-employment income to the Internal Revenue Service (IRS). This type of ...
Andrew M. Gordon, left, and Lauren Swanson, right, of Hinshaw & Culbertson. Courtesy photos Florida employers should familiarize themselves with the U.S. Department of Labor's (DOL) recently published ...