|
|
1099 Risk Blog
June, 23 2009
Budget Crisis of the UndeadPosted by Liz Greene | Comments: (1)
Our zombie news item for today is the grotesque revival of a proposed California budget fix that includes a 3% tax withholding for independent contractors. For those of you who don’t know what I am talking about, read on: this might be fun; I’m going to make yet another bold prognostication (see my last one on E-Verify). Withholding taxes on independent contractors? If you are feeling some déjà vu, it’s not just you. This zombie of a proposal has been raised and killed so many times . . .
Categories:
State Enforcement, Legislation
June, 1 2009
Rumors of E-Verify's Demise Just That -- Despite More DelayPosted by Liz Greene | Comments: (1)
While we're shy of reporting on rumors, the word from Washington Technology today is that a representative from trade association TechAmerica has emailed their membership with the news that the deadline for Federal Contractors to comply with E-Verify will be delayed, yet again, this time to September 8. The ruling was most recently postponed to June 30th to allow the Obama administration . . .
Categories:
E-Verify
May, 7 2009
E-Verify: Now Pay Attention.Posted by Liz Greene | Comments: (4)
You’ve already heard that the White House has delayed the deadline for Federal contractors’ compliance with the E-Verify rule – again – until June 30th. There are those who would argue clearly and compellingly that E-Verify isn’t going to make it, that the forces against it are strong. I was discussing the issue just the other day with an attorney, and the controversial rule makes for a challenging debate topic because of how the lines are drawn. Both the left and the right are split down the middle . . .
Tags:
reclassification
,
administration,
state,
federal,
contractors,
immigration,
enforcement,
e-verify
Categories:
E-Verify
April, 23 2009
Independent Contractor Classification Tip #8Posted by Liz Greene | Comments: (0)
Clamp down on “maverick” spend. As compliance programs are only effective if they are used, executive buy-in and a strong communications program are critical. Check that contractors are not being engaged as “maverick” spend by managers unwilling to participate in the compliance program. Often, if a contractor fails compliance...
Categories:
Tips
April, 10 2009
In the Corporate Shell Game, You Just Might LosePosted by Dave Putt | Comments: (0)
As our senior management representative handling new customer implementations, I’m privy to some of the best facial expressions business executives have to offer. A few weeks ago, I visited a new customer to begin implementing our Independent Contractor Compliance services, which included...
Categories:
IRS Enforcement
April, 10 2009
Independent Contractor Classification Tip #7Posted by Liz Greene | Comments: (0)
Ready for independent contractor classification tip #7? Here it is: "Maintain electronic records on each independent contractor for instant audit defense". You or your 1099 compliance vendor should maintain an electronic compliance file on every independent contractor you engage. Check to find out...
Categories:
Tips
April, 3 2009
Uncle Sam Goes after His Own with Contractor AuditPosted by Dave Putt | Comments: (0)
Last fall, I learned of a curious event in the world of Independent Contractor risk: a government agency was being audited by the IRS for its use of Independent Contractors. The audit found the agency to be liable, and the IRS levied penalties. Although the fines did not seem to be of the level I have seen with private industries, it did come with the stipulation that the agency clean up its act in the next six months or it would...
Tags:
contractor agreement,
independent contractor,
audit,
classification,
risk,
compliance,
government,
Federal
Categories:
IRS Enforcement
March, 27 2009
Misclassification Epidemic: Part 2Posted by MBO Partners | Comments: (1)
The IRS was alerted to a growing epidemic of worker reclassification by a Treasury Department report issued last month. In our last blog post on misclassification, we discussed why employee reclassification was on the rise in America. In the second part of this short series, we will look at...
Categories:
IRS Enforcement
March, 22 2009
Independent Contractor Classification Tip #6Posted by Liz Greene | Comments: (0)
Here's our next independent contractor classification tip #6:
Categories:
Tips
March, 20 2009
Misclassification Epidemic: Part IPosted by MBO Partners | Comments: (0)
Worker misclassification, and the process by which the IRS identifies and handles such misclassifications, was highlighted by the Treasury as a critical issue in a report issued last month. The report’s title says it all: “While Actions Have Been Taken to Address Worker Misclassification, and Agency-Wide Employment Tax Program and Better Data Are Needed.” The last review of the impact of misclassification (the improper assignment of employees into 1099 independent contractor status) dates back to 1986, and thus the IRS does not have a grasp on exactly what damage . . .
Categories:
IRS Enforcement
|
Recent NewsNews: Online Seminar Shows Executives How to Transition to Profitable Careers as Independent ConsultantsMBO Partners welcomed special guest Lane Cooper, of Cooper Research Associates, for an online seminar for technology and business executives who want to build an independent consulting practice. Participants learned how to develop a profitable business focus, cultivate personal brand, select an operating structure, and successfully market their consulting services to clients.
Bookmark & SubscribeFind this content useful? Bookmark this page or subscribe to our Blog's RSS Feed. Add to: Subscribe: Download White PaperE-Verify Requirements for ContractorsJointly produced by Michael Best & Friedrich LLP and MBO Partners, this paper offers a groundbreaking overview of the legal ramifications and risks for federal contractors required to use E-Verify, with particular attention to how the new regulations apply to independent consultants, independent contractors, small vendors, and other sub-contractors. Get the paper here!
Talk With Our ExpertsCall 1-800-220-0469, or complete this form. Our experts will be in touch promptly. |
