An independent contractor is someone who works for a business or company but is not an employee. The IRS uses three categories of evidence to determine if someone is an independent contractor or ...
Tax professionals say freelancers and independent contractors often underestimate how long unreported income can remain on the IRS's radar.
Form 1099 is used to report non-employee compensation paid to independent contractors, freelancers, and service providers. Federal regulations require businesses to issue Form 1099-NEC to qualifying ...
The PPP loan program and the ERTC (aka ERC) programs were launched to assist American workers during the COVID-19 Pandemic. Despite the misinformation and confusion caused by numerous changes, the PPP ...
Businesses face heightened fines in 2025 as the IRS steps up enforcement on worker classification errors IRVINE, CA / ACCESS Newswire / September 29, 2025 / The IRS is increasing penalties for ...
One major struggle that most contractors face is an ongoing challenge of deciding how to categorize the workers they hire. Should they be deemed employees or contractors? Unfortunately, the answer to ...