Search Results - tax status

Regardless of your position it is very important to fully understnad the difference between various employment statuses.

Employee status is defined by both IRS code and DOL…

Added by Jeff Dahlberg at 7:07am on April 9, 2013

Topic: Easing tax rules could attract foreign candidates: n UK companies could benefit from calls for the government to simply the country's tax rules. Sean Drury, international mobility partner at PricewaterhouseCoopers, urged the new administration to review the regulations without removing the UK's attractiveness of non-domiciled status for key foreign talent. This would help to attract foreign talent into the country, which is likely to benefit recruiters looking to serve this segment of the market in a bid to focus on a niche sector. A recruitment professional who was sharing his views recently on peer-to-peer business forum LinkedIn about what prevents people from setting up their own recruitment agency urged focusing on a niche segment. Such an area is less likely to be oversubscribed, which can improve the chances of an agency succeeding as long as what they are providing is good and required by the market.…; Added by Stewart Roberts to Total Back Office Solutions Limited at 10:12am on May 21, 2010

Comment on: Blog Post 'Why are we having a jobless recovery?': r discrimination or poverty to understand how unbalanced our society has become under the wrath of Bush and his gang of thieves, they are the status quo. The lies are the BS of the trickle down theory and tax cut politics. Screaming retoric seems to be the realm of the Tea Baggers these days would'nt you agree? And here's a question for you, where was all this outrage when Bush was spending like a drunk?…; Added by Donald Knowles at 3:41pm on October 9, 2009

Topic: The Stimulus Plan - Piece by Piece: 7% of American households could see tax savings as a result of the American Recovery and Reinvestment Act, according to a new analysis by a nonpartisan research group. The Tax Policy Center crunched the numbers and concluded that the average savings would be $1,179. But how much a household actually gets depends on income, marital status and whether a filer has children. The savings range from a few hundred dollars to several thousand. THAT story here. ****** If you have an interest in selling (or buying a business) we welcome your experiences in the "SellYourOwnBusiness" group here. In the future we'll be having LIVE CHATS around the subject!…; Added by Maureen Sharib to Selling Your Own Business at 6:42am on February 24, 2009

Comment on: Blog Post 'Should You Recruit an Employee or an Independent Contractor?': rmanent employees who may add very little long-term benefit to the company. You are right that the employment tax is shifted to the independent contractor in the form of self-employment tax, though the actual dollar amounts may differ. The risk to an employer is that an independent contractor who receives "employee" treatment (and I'm talking about control over workflow, etc., not whether they can use the employee break room) outside the terms of their agreement may request the IRS to review their status. If the IRS determines they are an employee then that is when a company can face penalties. Of course, a company can request the same determination from the IRS if they want to cover their bases. If a company chooses to recruit independent contractors then the best practices to avoid all of this are to A) understand the IRS' distinction between the two worker types and B) carefully follow the established agreement with the contractor.…; Added by Shannon Trenton at 11:45am on March 7, 2014

Companies attempting to keep costs low may consider recruiting…

Added by Shannon Trenton at 2:22pm on March 5, 2014

Blog Post: When your governor really doesn't want a robust state economy: Some knucklehead from another state with one of country's worst economic situations posted a Linkedin status that they supported…; Added by Steve Levy at 7:32pm on March 30, 2009

Blog Post: Business structures 101: LLP, LLC, S-corp and C-corp: It's not just alphabet soup! A breakdown of what you need to know, in layman's terms.

(Fortune Small Business) -- What exactly is an LLP? What's the…; Added by 01. Lonnie McRorey at 4:12pm on November 28, 2008

Blog Post: What Recruiters Can Expect in an IRS COBRA Audit: If you're running your own back-office and offering benefits to your contractors, it is critical that you are familiar and compliant with COBRA. COBRA, which…; Added by Debbie Fledderjohann at 4:49pm on April 19, 2012

Let’s face it: Figuring out how to pay international contractors is an intricate process.

That’s because you need to develop a reliable way to promptly pay foreign independent contractors…

Added by Phil Strazzulla at 8:12pm on October 28, 2022