You can benefit greatly from using independent contractors. But are you sure you know what you’re getting into when you hire them?

Using outside contractors can be appealing. They save you money on taxes and benefits. They free up your employees for other jobs. But hiring independent contractors can cause a number of problems – often with the U.S. Department of Labor and the IRS.

Now you don’t have to worry about the risks involved with hiring contractors. Using Independent Contractors shows you how to keep the IRS and the Department of Labor at bay.

Dear Colleague:

Using independent contractors can be a huge advantage to companies, saving them money and affording their employees flexibility. But many businesses don’t realize how much trouble those hires can get them into with the IRS. You may think you’re saving money, but using outside contractors may actually cost you much more than you imagined.

According to the IRS, 80% of workers currently classified as contractors are actually employees. That means they’re missing out on benefits they can sue to receive. Microsoft had to pay $96.9 million to independent contractors, and the IRS is enthusiastic about auditing employees and receiving unpaid payroll taxes and penalties.

Make sure your business is protected and your contractors are not misclassified. Using Independent Contractors will show you how.

It’s your responsibility to make sure your employees are taken care of – but it’s also up to you to protect your organization from legal risks. Make sure you’re using independent contractors the way you should be, or you could pay a hefty price.

Using Independent Contractors provides you with everything you need to know in order to comply with IRS requirements. You’ll find out:

• The new realities of determining contractor status in an “Uber-ized” world
• Details of recent court cases that are changing the game
• The “secret” way you can avoid paying back taxes, even if the IRS reclassifies all your workers
• The difference between an audit and an IRS compliance check – and how to pass both
• How to maintain control of your contractors without raising red flags
• Three simple steps to avoiding messy lawsuits altogether
• How the U.S. Tax Court can help you save money and time
• Why you need to think twice before you fill out Form SS-8
• And much more!

If you’re facing an IRS audit, you need to be able to explain why you categorize your workers the way you do.

In Using Independent Contractors, you’ll find:

• The IRS’ “test” to establish worker classification
• Advice on contracts to make freelance relationships stick
• A list of errors commonly made on 1099s
• A review of common tricky classification scenarios

Using Independent Contractors prepares you for any scenario the IRS might challenge. You’ll know which workers are contractors, which aren’t and how to protect yourself from any backlash you might face. You can avoid putting your business at risk and save yourself time and money.

Hiring independent contractors can be a headache – but it doesn’t have to be. Know your rights and responsibilities. Protecting yourself from the risks of hiring independent contractors doesn’t take much, and you’ll be glad you did.

Sincerely,

Phillip A. Ash
Publisher