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If you didn’t have challenges, you wouldn’t have successes.

How do you overcome obstacles, particularly those facing businesses and their owners in today’s environment? It takes thoughtful creativity with a thorough attention to detail. It takes global knowledge tempered with regional expertise. More importantly, it takes a spirit of optimism that we all share. Whether you’re looking for basic healthcare solutions, comprehensive human resources management, business insurance, risk management strategies or retirement plan consulting, USI Insurance Services will provide the guidance you need to reach your goals and compete successfully.

Independent contractors part 4: The IRS view

Knowing that life’s only two certainties are death and taxes, let’s turn our attention to how the IRS determines independent contractor status. Previously, the IRS used to apply a 20-factor test to determine whether or not an individual could be classified as an independent contractor. A number of years ago they moved to what they call a “common-law” test that focuses on the degree of control the business exercises in achieving its purposes versus the degree of independence the worker has to actually perform the tasks themselves.

As described in IRS Publication 15-A, the IRS will closely examine each of the following three areas:  “behavioral control, financial control, and the type of relationship of the parties.” Let’s take a look at each.

 

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