At one time or another, almost every business has engaged a consultant who insists on being an independent contractor (IC) when s/he really doesn’t meet the qualification test. Often the consultant insists the only way s/he will work is as an IC. Everyone does what they believe is necessary to get the job done. In most [...]
A recent study from the American Association of Retired Persons (AARP) shows that approximately 40 percent of workers 50 years and older will continue working past the age of 65. There are probably several reasons for this; however, one major reason is that companies are realizing that some of these top notch workers have unique [...]
Managers hiring contingent workers strive to ensure that their project is completed on-budget and on-time. Yet if they are not aware of common misclassification mistakes, they may be creating a potential misclassified worker where none existed before. How can this happen? Simply by treating an independent contractor (IC) too much like a regular employee, such [...]
The Internal Revenue Service (IRS) recently released its new tax gap estimates. The tax gap can be defined as the amount of tax liability that is not paid on time for any reason. The estimated annual amount increased from $345 billion in 2001 to $450 billion in 2006, and a significant portion of the gap [...]
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