Independent Contractor – Really?

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What do many of us have in common nowadays? Yeah, empty pockets and a crying need for money, money, money – and that includes your government. In the search for dollars, employers’ misclassification of employees as independent contractors beckons as a legitimate source of lost funds. So, the Texas Workforce Commission (TWC) Unemployment Tax Division and the IRS both have an interest in worker-classification issues. It may be tempting to assume your workers are independent contractors and blithely pass on the responsibility for Social Security, Medicaid, Unemployment, and other payroll taxes. Best be sure of your classification though, because when one of the agencies comes knocking, they can collect not only back taxes but impose fines for your errors. Witness the $319 million fine the IRS slapped on FedEx! Continue reading “Independent Contractor – Really?”

Urban Legends of Employment Law III: Contract Labor Pt. 2

Lisa BoganyIf you were tracking with us last week, you’ve begun the process of determining whether or not you need an “independent contractor” or an employee. There are still a few additional details you must hammer out before making your final decision. Continue reading “Urban Legends of Employment Law III: Contract Labor Pt. 2”

Urban Legends of Employment Law III: Contract Labor Pt. 1

Lisa BoganyAs we continue our discussion regarding the urban legends of employment law I cannot go any further without mentioning “Contract Labor.”  In my opinion, that is the most widely used misnomer in business. The issue is really whether a given worker is an employee or an independent contractor. These are some things to consider when  determining if the term “contract labor” is appropriate. Continue reading “Urban Legends of Employment Law III: Contract Labor Pt. 1”