WePay also sends bills and collects payments for independent contractors and ticket sellers, among other groups.
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The company had to remove 6, 500 agents from its payroll and turn them into independent contractors.
Independent contractors are a popular solution to mitigate the risk of over-hiring for many reasons.
Also, contracts with independent contractors can be structured on project deliverables rather than hours worked.
The company currently offers job opportunities in trucking to over 7, 500 company drivers and independent contractors.
Some questions you should answer early on: Will you have employees or independent contractors?
Top pro golfers are independent contractors, and sponsorship revenue is an important part of their livelihood.
We recently worked with one up-and-coming tech company to convert all of their independent contractors to employees.
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Every company with employees and independent contractors knows the IRS and other agencies can reclassify independent contractors.
Construction Workplace Misclassification Act establishes rigid criteria for differentiating independent contractors from employees in the construction industry.
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Hiring employees (as opposed to independent contractors) can bring big liabilities, but it can also bring tax breaks.
With 650 registered rep who are all independent contractors, keeping ahead of the team is no small challenge.
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The existence of a contract specifying that workers are not employees but independent contractors is not always determinative.
Were the workers really independent contractors or employees whose pay should be subject to withholding and employment taxes?
Now he deals with a handful of independent contractors and manufacturers via the Internet on a project-by-project basis.
In America, there are 20 million small business owners who can be further classified as independent contractors (IC).
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So the new bill will turn university staff, who are now classed as civil servants, into independent contractors.
Using independent contractors has long been a sensitive issue because of how they are classified for tax purposes.
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Twenty five percent were closed without any ruling, and in only 3 percent were workers ruled independent contractors!
For all of these reasons, employers have considerable incentives to try to pay independent contractors rather than employees.
They are independent contractors who have selected LPL to do their back-office operations.
Since being an independent contractor is being self-employed, persons who were independent contractors before you hire them still qualify.
Reliance on independent contractors has increased over the years, particularly in the recession, when employers sought less expensive labor.
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In Texas, pilots are independent contractors who, in a historical hangover, still receive their commissions directly from the governor.
In late 2011, the IRS vowed to be more vigilant in finding employers who improperly label workers as independent contractors.
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Despite the threat of a payroll audit, more small employers are finding that independent contractors are essential to remaining competitive.
The ranks of independent contractors have grown by 1 million since 2005, according to George Mason University economist Jeffrey Eisenach.
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State studies have shown that local businesses misclassify anywhere from 10% to more than 60% of their workers as independent contractors.
Finally, using independent contractors enables businesses to tap a wider community of experts and use the best possible person for each task.
Required due diligence on all agents or independent contractors and required written contracts with export, economic sanctions, and FCPA prohibitions and certifications.
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