Independent Contractor vs Employee: What the IRS Says About It

Independent Contractor vs Employee: What the IRS Says About It

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@ralphcristinagarcia5481
@ralphcristinagarcia5481 - 03.01.2024 16:11

contractor vs subcontractor photos of work belong to who?

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@pomdigz9893
@pomdigz9893 - 05.12.2023 02:29

Hey FEDEX GROUND!!!!
You hearin this?
You guys need to pay your EMOLOYEES overtime time pay!!!!

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@wavyvibesradio3733
@wavyvibesradio3733 - 03.11.2023 18:27

Thank you this video helped get my final paycheck. This was very helpful

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@realmccoy9597
@realmccoy9597 - 01.11.2023 03:32

I tried contacting you folks because I live here in Colorado and I never got a response

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@hondolane3559
@hondolane3559 - 05.10.2023 16:23

here's a scam for you. In Virginia, the trucking industry is split into 2 basic types, lawful businesses and unlawful businesses. lawful ones are operating under the w2 format and the majority of unlawful ones are operating as 1099s. there is a 40% operating difference between them. this is an unfair business practice and no one is doing anything about it.

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@familylifetoo9541
@familylifetoo9541 - 10.07.2023 19:28

Can an uber driver fill put a business credit card?

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@RamonHV
@RamonHV - 26.06.2023 20:56

Hi ! Love your videos, what is the employment letter proof for an independent contractor?

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@MarisaPecoraro
@MarisaPecoraro - 09.06.2023 18:52

So having a contract that says I'm a consultant but at 40 hrs a week with required team meetings, no end date, and no one else can do my job (as of now)... it's not looking good for my 1099 contract...

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@hitman3867
@hitman3867 - 08.06.2023 17:53

I’m a contractor for a dental manufacturer I do delivery only for them 8 to 4 they do tell me direction from time to time , I do follow orders from drivers manager can you advice on what that may mean

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@LA-em4kr
@LA-em4kr - 06.06.2023 15:45

Very Important information, do i have my sub contractor fill out a 1099 before they start work or at the end of the year? Do I receive their SS#, Do I receive proof of a EIN and Insurance before they start? And do I pay them immediately after they complete their job? Thank you so much!

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@martinmurphy4852
@martinmurphy4852 - 03.05.2023 12:37

Unfortunately these rules are ignored in the FL. You are an employee and must act as such right up until it is financially beneficial for the employer to call you a contractor/sub contractor. Basically your only responsibility as an employer in FL is to send them a 1099 the first of every year. Of course when faced with constant turn over and of late not even being able to fill the job you sit around and blame it on how lazy everyone has become. We have a huge labor problem in this country and we are not going to be able to fix it by pointing a finger at someone else and calling them lazy but it appears that is exactly the plan.

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@larrysbrain1627
@larrysbrain1627 - 29.04.2023 05:50

Either way, it breaks down to being exploited by those who pocket your sweat

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@jh276
@jh276 - 28.04.2023 17:44

Great video! Thank you for this. May I know if you did a video on Statutory Employees / Non-Employees? I can't seem to find it as this is another very confusing category. Thank you again.

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@theevolveddietitian
@theevolveddietitian - 03.04.2023 21:54

Thank you for educating us! 💪

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@zsaqiacamphor9483
@zsaqiacamphor9483 - 07.02.2023 22:28

Can a seasonal liaison work qualify as a contractor

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@ochicoloto3524
@ochicoloto3524 - 27.12.2022 22:03

Thanks. I just created a tax preparation business. am I required to hire my tax preparers as employees or contractors? which one is better for employer from a tax perspective

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@damianfletcher007
@damianfletcher007 - 20.12.2022 09:56

You got HANDLES ?
NO BASKETBALL

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@YourUncle8501
@YourUncle8501 - 05.12.2022 22:54

It seems much more profitable for government to classify a worker as an employee: Payroll taxes etc.

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@raynmoonflower9103
@raynmoonflower9103 - 20.10.2022 20:14

Thanks so much for your time and effort!

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@LetsGo-LoveYourself
@LetsGo-LoveYourself - 11.10.2022 18:33

The app wonolo is bad with this. I'm looking into holding them accountable

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@michaelbrown8441
@michaelbrown8441 - 25.08.2022 13:02

IRS code is not law..its a fraud

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@Ry-fw6or
@Ry-fw6or - 07.05.2022 19:14

Thank you so much. Subscribed!

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@alexeatman3332
@alexeatman3332 - 23.03.2022 01:44

What if you get some people to agree to mow lawns for you even if you as a business never mowed a lawn.

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@yuliiaromanova3602
@yuliiaromanova3602 - 10.03.2022 02:00

What if the company is treated me as w2 contractor, but from all you described seems that I am full time w2 employee.
Should I claim to irs to get less taxes or what can I do to get my benefits, but the company still says that I am just contractor?
P.S. they even pay insurance and 401k

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@ryananthony4840
@ryananthony4840 - 31.12.2021 05:31

Thank you!

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@GoMandiMartin
@GoMandiMartin - 15.12.2021 04:12

Your videos are wonderful; thank you!

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@justmichael8035
@justmichael8035 - 02.12.2021 09:00

What kind of lawyer do I need to dispute a w9 when I believe I am a employee

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@jasoncrone2710
@jasoncrone2710 - 21.11.2021 14:29

The IRS is not and will never be a pert of the US Govt. It's owned by the world elites. Not we the people

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@loveone4life361
@loveone4life361 - 19.11.2021 08:00

State, Federal government and contractors oh my! 😬 😆

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@FrankShepard
@FrankShepard - 06.11.2021 01:28

When there is any doubt, IRS will consider as employee op IC

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@danielnajera6633
@danielnajera6633 - 29.10.2021 07:54

Oh my gosh that was very clear 😃 muchas Gracias for your information! It’s gonna help a lot to move forward with my gold of opening a small business

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@sirrjtyrell5024
@sirrjtyrell5024 - 09.09.2021 09:00

Hey Aiden, so I have a cleaning business- sole-prop, would you say that my industry is one of those grey areas? I have a lady that helps me with houses, we each have a few together (large ones) & some separate, we buy our own supplies & work under the business name. I've told her she can find houses on her own if she'd like & not have to be under the business & we do have a sub-contractor 'contract' that I made up. Anywho, thanks, was helpful!

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@a.j.1802
@a.j.1802 - 29.08.2021 22:06

This is good information. The one piece of information I did not hear was how to settle an employee/employer dispute on classification. The IRS has a form, SS-8, specifically for that purpose. I have a friend that is going to have to fill one out because their boss keeps calling them a "1099-employee" while dictating how they perform the job while using company equipment. If she uses her vehicle her gas costs are reimbursed, her boss has to approve all aspects of her job including order of operations. She is paid on a commission basis, but all sales must be approved by her boss so she has no autonomy. She is required to wear a company t-shirt when performing services. When she stops working for that company in a few months it will be interesting to see how things play out.

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@taraporter4520
@taraporter4520 - 12.08.2021 04:43

Thank you so much for this video

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@izzh3107
@izzh3107 - 06.08.2021 03:13

How can I create an accountability report for my independent contractors to be provided each week so the company can make sure they are using units and/or providing services to the people assigned to their caseload?

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@harleyehuffinejr2432
@harleyehuffinejr2432 - 28.07.2021 13:45

Great information, thank you.

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@victorreyes2196
@victorreyes2196 - 28.07.2021 05:14

How about if someone is a janitor I got offer a job working 3 days a week getting paid 18 but they say I will have to pay my own taxes safe up its a non-profit art please

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@unbezo398
@unbezo398 - 26.07.2021 18:12

If you want to become an independent contract health worker, what kind of liability insurance is recommended to get?

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@taniairisbarreto4424
@taniairisbarreto4424 - 23.06.2021 19:17

I like the way you described everything. I guess the question I have is, If I I am gaining work as a sole proprietor, should I Hire an employee or an independent contractor? I teach music and I am getting a lot of students. Which is great. But it is limiting me and my time because of how many students I can receive. I am just wondering if hiring an employee to share the load is better than getting an independent contractor, where I still have to make sure that they are doing everything right. There is such a weird fine line that I don’t want to mess up and get screwed at the end. I teach music in a specific way. So that is why I want to make sure

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@enlightened7777
@enlightened7777 - 06.05.2021 04:44

I guess if you're receiving a 1099 at the end of the year and you have to pay your own taxes and you're not getting any benefits from the company, that should put you more in the category of being an Independent Contractor.

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@darienthompson2972
@darienthompson2972 - 14.04.2021 23:44

Hey, what have to be done to go from partnership to sole proprietorship?

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@_sharpecarpentry
@_sharpecarpentry - 08.04.2021 04:44

I love smart women.

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@johnplaid648
@johnplaid648 - 03.04.2021 20:20

Dear Biz: How are you making money from this video? Why is like, subscribe, recommend, join and click the bell so vital? I'm not referring to your merch. Do advertisers pay you money?

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@adonaiblackwood7172
@adonaiblackwood7172 - 01.04.2021 20:36

I love all your informative videos, but this one hits home for me..

I was scammed into being hired as an IC even though I performed my duties as an employee..soo lame 😒 they dictated my work, supplied my tools, I provided work that was a key aspect to their operations, I received bi-weekly pay for daily rates, I only provided that specific type of service with them (I never freelanced my services for anyone else), and I had no say or leverage within the company. I just did my job the best I could.


I tried to dispute my taxes with the state and irs..but no one cares 🙄

“We do 1099s so you can get paid more”

pshhh..lies!

That was over 5 years ago..
I’m soo happy to be working for myself and focusing on my own wealth building.
💪

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@YourIndoorExperts
@YourIndoorExperts - 01.04.2021 02:55

Thanks for keeping it simple and breaking it down! Appreciate your channel 😊

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@SelfieKinglol
@SelfieKinglol - 01.04.2021 02:23

If you hire someone as a contractor at the beginning, can you later change it to employee?

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@thatnon-competelawyer5313
@thatnon-competelawyer5313 - 01.04.2021 02:06

Great explanation. I was just dealing with this issue recently, and you sum it up very well.

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@AA-ip6sv
@AA-ip6sv - 01.04.2021 02:05

Thank you for the great explanation. What about the communist state of California?

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