Turn Independent Contractors into Employees Trouble-Free The IRS rewards business owners who fix their worker classification mistakes. I’ll tell you how. “Turn Independent Contractorsinto Employees Hassle-Free” To get my complete articlewith all the details... There are three monsters you may have heard of... Dracula who drinks blood. Godzilla who … [Read more...]
Independent Contractor
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If the IRS Says Your Independent Contractors Are Employees, Use the CSP
If you misclassified your independent contractors, the IRS will come after you. Here’s how to avoid serious problems. Watch out! If the IRS audits your business and decides that you misclassified your independent contractors as employees, you could be in the soup. And deep in the soup. You see, the IRS will assess years of backemployment taxes, plus penalties and … [Read more...]
Owe Taxes for Misclassified Workers? It’s Section 530 to the Rescue!
To get my complete, FREE articlewith all the details… You know what’s bad? An IRS audit. You know what’s REALLY bad? When the IRS claims that many of your 1099 independent contractors are actually W-2 employees! You see, if that’s the claim they make, you may have to pay tens of thousands of dollars in unpaid payroll taxes! Why the huge extra tax … [Read more...]
The IRS War Against Independent Contractors: An Update
To get my complete, FREE articlewith all the details… It’s a fact every business owner and independent contractor should know… Many state and federal agencies may have you in their cross hairs. They’re going after businesses that hire “independent contractors” rather than “employees.” Why? Because, unlike independent contractors, W-2 employees prepay their taxes. … [Read more...]
Vaccinated? Claim Tax Credits for You and Your Employees
To get my complete, FREE articlewith all the details… As you know, because of the terrible COVID-19 crisis, the federal government wants every eligible person to get vaccinated. And since Uncle Sam knows that a little sugar makes the medicine go down, he’s providing you and your employees with a sweet incentive What employers need to know now. If you give your … [Read more...]