Finance News & Insights

Your company misclassified a worker: Do you qualify for IRS relief?

Another day, another high-profile – and high-cost – misclassification lawsuit makes the news. [Read more…]

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Using contractors? 3 hidden pitfalls to avoid

More Finance execs than ever see the use of independent contractors (ICs) as a smart business decision.  [Read more…]

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One firm’s painful $11M misclassification lesson

Getting your contractors to sign an independent contractor (IC) agreement acknowledging they’re fully aware of their status as ICs isn’t a bad idea. [Read more…]

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New IRS ruling throws a curveball to Payroll and A/P

There are some things you just know: The sun will rise, Friday follows Thursday and if a worker is an employee, he or she can’t be an independent contractor (IC). Well, you might want to double-check your calendar because at least one of these truths has just been discredited. [Read more…]

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Where 1099 reporting isn't enough: Is your state included?

It seems pretty simple: Whenever your company uses an Independent Contractor (IC), it gets the Tax Identification Number, contact info and other relevant details. Then, you simply report that info to IRS at year-end, right? [Read more…]

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Taking the pain (and time) out of contractor calls

Employee or independent contractor? It can be a tough decision …with expensive questions if your company makes the wrong one. To make the right classification faster and with less hemming and hawing, try this. [Read more…]

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