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Overcome The Struggles Of Hiring And Managing Independent Contractors

Posted by Sharie DeHart on Fri, Mar 19, 2021

For construction business owners, working with independent contractors can be a lifesaver. Although, hiring Independent Contractors can get very expensive, very fast!

The Internal Revenue has a defined set of rules on the difference between an "Independent Contractor" and "Employee." With all the documentation in place, a person could still be classified in the eyes of the Internal Revenue Service as an "Employee."

When you hire 1099 contractors

You need to know that their state contractor's license, bond, and insurance are active. During audits, state agencies are now looking to check the bond and insurance. Anytime a contractor's license is suspended, the State may reclassify that person as an employee on your job.

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Topics: Subcontractor 1099, Construction Project Managment, Contractor Tips

What You Need To Know Before Hiring Subcontractors

Posted by Sharie DeHart on Tue, May 28, 2019

In Construction, hiring Independent Contractors can get very expensive, very fast!

The Internal Revenue has a defined set of rules on what is the difference between an "Independent Contractor" and "Employee". With all the documentation in place, a person could still be classified in the eyes of the Internal Revenue Service as an "Employee."

When you hire 1099 contractors

You need to know that their state contractor's license, bond, and insurance are active. During audits, state agencies are now looking to check the bond and insurance. Anytime a contractor's license is suspended, the State may reclassify that person as an employee on your job.

Because all fifty states are working with other agencies looking to be sure employee rights are covered, and the state, local and federal payroll taxes are paid. As an employer among your responsibilities are these:

  • Pay workers’ compensation

  • Meet wage and hour requirements

  • Pay unemployment tax

  • Maintain a safe workplace



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Topics: Contractors Bookkeeping Paperwork, Subcontractor 1099, QuickBooks For Contractors, Construction Bookkeeping, QuickBooks Construction Accounting, Taxes

When Being A Licensed Contractor Is Not Enough!

Posted by Sharie DeHart on Fri, Oct 14, 2016

When You Hire A 1099 Contractor They May

Actually Be Your Unplanned Employee!


Read More

Topics: 1099 Employee, Subcontractor 1099

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