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 ...

Unlike a full-time employee whose taxes are deducted from their paycheck, if you're an independent contractor, it's your job to pay taxes on your own—and you'll want as many 1099 tax deductions as you ...

Mercury reports on 1099 filing misconceptions for small businesses, clarifying eligibility, requirements, and penalties to ensure compliance during tax season.

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 ...

Effective on March 11, 2024, the definition of independent contractor will change for purposes of entitlement to overtime and payment of employment taxes. This new Regulation replaces the Trump ...

Question: I have an employee that wants to convert to being paid as an independent contractor. I understand I can save money on payroll taxes and employee benefits if I agree to the change. Even ...