Employee vs Contractor IRS SS-8 Form

Employee vs Contractor

The IRS has specific guidelines covering who is an employee and who qualifies to be a contractor. Publication form SS-8 provides a question and answer process with instruction on how to determine if your people/person is an employee or contractor.

Click Here for IRS SS-8 form & information

Click here for Contractor vs Employee information

Independent Contractor or Employee
which one are you?

Which are you?
For federal tax purposes, this is an important
distinction. Worker classification affects how you pay your federal income tax, social security and Medicare taxes, and how you file your tax return. Classification affects your eligibility for employer and social security and Medicare benefits and your tax responsibilities. If you aren’t sure of your work status, you should find out now.

For a quick overview by the IRS click HERE

It can be tempting to classify people as 1099 contractors, or you may feel that you want to be a 1099 contractor rather than an employee. Learn the facts first. Visit the website links above for more information.

You do not want to be on the wrong side of this issue with the IRS. It could cost you dearly

At The Business Coach in Albuquerque, NM we strive to bring you value information. We strongly believe that being 'forewarned is forearmed'.

If you are ever in doubt fell free to contact us.

The Business Coach

"your success is our only business" See the forest through the trees is what we do. We help the business owner to do what they do best, but only better.