Can I Hire Independent Contractors?
Many new business owners want to hire employees on a 1099 to avoid paying payroll taxes. There is an inherent problem in this practice. Most individuals do not qualify under IRS guidelines as an independent contractor.
Go to www.irs.gov and read the requirements for 1099 employees. Many companies have discontinued hiring independent contractors and are hiring employees thru temp or contract staffing firms. This has actually been a windfall for our profession and one way you can sell your services to prospective clients.
The IRS often audits firms who employ independent contractors and they often end up paying exorbitant fines as a result. When you read the requirements online you will have your answer. If you enjoyed this tidbit and understand how you can leverage this concept to generate income for yourself, please learn more by downloading our whitepapers by filling out the form you see to the right. Understand it is an excellent time to get into the staffing and recruiting profession- don’t delay and learn more today!