• Facebook
  • Youtube
  • Twitter
  • LinkedIn
  • Flickr
  • Slideshare
  • Rss
  • Donate
  • Subscribe
SBDC Tampa Bay
  • Home
  • Solutions
    • Certifications
      • Business Certifications
      • Minority-Owned Business
      • Woman-Owned Business
      • Veteran-Owned Business
    • Consulting & Training
      • Training
      • Training Calendar
      • Consulting
      • Schedule a Consultant
    • Business Solutions
      • Growth Acceleration
      • Government Contracting
      • International Trade
      • Starting Your Business
      • Disaster Preparedness
      • Student Teams
      • Organizational Development
  • Resources
    • Business Resources
    • Frequently Asked Questions
  • Insights
    • Blog
    • Media Inquiries
  • About Us
    • Mission / Vision
    • Consultants
    • Meet the Staff
    • Meet Our Clients
    • Partners / Affiliates
  • Training
    • Training Calendar
    • On-Demand Training
  • Results
    • Success Stories
    • Economic Impact
  • Locations
    • Tampa
    • Hillsborough
    • Hernando County
    • Pinellas County
    • Highlands, Hardee, DeSoto
    • Polk County
    • Manatee
    • Sarasota
  • Contact
  • Schedule a Consultant
  • Search
  • Menu Menu
Blog

Your contractor might be an employee if…

Blog, Featured News

Recently while working with a client, I realized that they had perhaps been stretching the notion of independent contractor.

The repercussions for treating an employee as an independent contractor are serious. They include IRS and Department of Labor fines and/or obligations to pay back unpaid taxes.

Depending upon how long it has gone on, this could amount to thousands or tens of thousands of dollars. Maybe more.

I informed my client of my concern. They asked me, “How do I know if someone should be a contractor or an employee?”


In the video above we have outlined four major indicators. 

I explained that there are some great indicators as to whether a contractor is actually an employee, and vice a versa.

In the end we helped the business explain the change to the people involved, which by the way was a very minor wage and cost increase.  Most importantly the owner is now not at risk of a federal fine.

Below are some additional resources to help you sort through whether your employee is a contractor or your contractor might be an employee.

https://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Independent-Contractor-Defined

https://www.dol.gov/whd/regs/compliance/whdfs13.pdf

[blog_list thumb=”medium” showposts=”1″ post_content=”full” category_in=”333″ disable=”image,meta,more”]

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn
  • Share by Mail
https://sbdctampabay.com/wp-content/uploads/2015/11/image11320135729.jpg 926 1253 admin /wp-content/uploads/2021/10/Locked-Host-Logos-Horizontal-USF-Small-e1635274663378.png admin2015-11-16 19:02:292021-12-28 19:36:57Your contractor might be an employee if…

Categories

  • Business Essentials
  • Business Plans
  • Buying a Business
  • Certifications
  • COVID-19
  • Crowdfunding
  • Disaster Preparedness
  • Economic Development
  • Finance
  • Government Contracting
  • Growing Your Business
  • Healthcare
  • Human Resources
  • International Trade
  • Marketing
  • Press Releases
  • Radio and Podcast
  • Starting a Business
  • Success Stories
  • Success Stories Videos
  • Tech Commercialization/Tech Transfer
  • Veteran
  • Web and Social Media

Email Newsletters

Sign Up Now

Contact Us

Regional Office Contact Info

USF CONNECT
3802 Spectrum Blvd., Suite 201
Tampa, FL 33612

813-396-2700

Subscribe to Our Newsletter

Florida SBDC Network

The Florida SBDC at the University of South Florida is a member of the Florida SBDC Network, a statewide partnership program nationally accredited by the Association of America’s SBDCs and funded in part by the U.S. Small Business Administration, Defense Logistics Agency, State of Florida, and other private and public partners, with the University of West Florida serving as the network’s lead host institution. Florida SBDC services are extended to the public on a nondiscriminatory basis. Language assistance services are available for limited English proficient individuals.

Logos

Business Assistance

USFMuma

State Designated as Florida’s Principal Provider of Business Assistance [§ 288.01, Fla. Stat.]

© Florida SBDC at USF | contact webmaster
Marketing : Think Like a CustomerBrimstone Originals Specialty Foods LLC of Pinellas County
Scroll to top