IRS Independent Contractor Definition – A Good Starting Point
IRS Independent Contractor Definition Useful Determination Info Employers face a daunting question when they use independent contractors. When I was writing the previous article on
The IRS (Internal Revenue Service) provides a large number of the section on subcontractors. The agency rules can be used as a guide to separate employee status between employees and subcontractors.
The Internal Revenue Service considers employees to be of five types:
The subcontractor designation is one of the most highly litigated after a premium audit has designated the subcontractors as employees and not independent contractors.
The governmental employee designation was added in 2015 as a distinct group of workers due to some of the different tax considerations.
The Service has provided many guides over the years on how to determine a worker’s status. Two main considerations are the degree of control and the subcontractor contract.
Some states such as South Carolina have designated the subcontractors as statutory employees after many litigated cases.
The Service has pursued offshore captives very heavily as of later. The micro-captive review program has issued many letters to the owners of Section 831(b) captive owners advising them they will be audited soon. As an alternative, they can voluntarily close their captives out.
For many years the Internal Revenue Service issued the Dirty Dozen list. Micro-captives were on the list for many years until a large portion of them were audited or entered into a voluntary closure program.
New teams of auditors have been authorized in the 2021 Federal Budget to audit all offshore captives regardless of size. The Internal Revenue Services’s goal is for 100% tax compliance with all captives.
I am not sure of the effect this will have with onshore captives.
IRS Independent Contractor Definition Useful Determination Info Employers face a daunting question when they use independent contractors. When I was writing the previous article on
Offshore Micro Captives Dropped Off IRS Dirty Dozen List – Why? Over the weekend, I was combing through my workers’ comp reading list. I almost
IRS Workers Comp Rules – Pay Attention To These Three Closely Every year near the personal tax filing deadline, we receive questions on IRS Workers
Employee vs. Independent Contractor – Great Examples From IRS Publication 15A The IRS Publication 15A – Titled – Employer’s Supplemental Tax Guide still provides many
Updated IRS Subcontractor Section – Great Subcontractor vs. Employee Status Rules Last month, the IRS Subcontractor Section was updated with new information. As promised, the
New IRS Subcontractor Rules Revisited Each Tax Year The New IRS Subcontractor rules now contains a helpful brochure better known as Publication 1779. As
IRS Contractor Employee Rules Have Been Updated The IRS Contractor Employee rules assist business owners with who can be considered independent contractors or employees. Each
Work Comp Tax Question We Receive Every Year The annual work comp tax question becomes very popular this time of year. Do I have to
Subcontractors And Statutory Employees Classifying Subcontractors And Statutory Employees can be a difficult task for any business. A great publication on employee classification is IRS Publication
Department of Labor v IRS – Subcontractors FLSA IRS guide to subcontractors FLSA vs Department of Labor. The FLSA (Fair Labor Standards Act) was enumerated
Captive RRG Legal and Regulatory Environment Captive RRG Legal and Regulatory Environment – I actually attended five different sessions on Day Two of the conference.
IRS Independent Contractor Determination The IRS independent contractor determination can be very helpful to contracting companies. The IRS recently updated their info on the Employee
Independent Contractor vs Employee Definition The independent contractor vs employee definition has been the bane of companies for many years. The Internal Revenue Service is
IRS Advice on Subcontractor vs. Employee Determination The IRS advice has been updated on the Subcontractor vs. Employee conundrum. The best way to understand IRS
IRS Amnesty Program Has Nothing To Do With Class Codes The IRS has initiated an amnesty program for Worker Classifications. This is not the same
Workers Comp Benefits Not Taxable In Most Cases Are Workers Comp Payments Taxable In Most States? We receive many emails each month from employees
Subcontractor vs Employee Determination Determining whether someone that assists your company is an employee or subcontractor can be tedious as best. There are many articles
IRS Updated Guidelines – Workers Comp Audit The subcontractor vs employee IRS updated guidelines for Workers Comp audits. Premium auditors seem to be listing all contractors
Independent Contractor vs Employee Independent contractor status for Workers Compensation is one of the most discussed topics I have come across lately. Have the rules
IRS Guide To Subcontractor vs Employee Determination I was going to reprint the IRS’s guide to Subcontractor vs Employee. Lately, we receive this type of
IRS Tips On Independent Contractor vs. Employee One of the most controversial subjects in Workers Comp is how insurance carriers charge employers the proper premiums
IRS Audit and a Workers Comp Audit – Comparison Many similarities exist between an IRS audit and a WC audit. I was asked a very
Workers Comp Captives – IRS Mulling Changes The Workers Comp Captives are the IRS news today. The blog post today was supposed to be about
Web Design in Raleigh By Redwood