Unlocking Your Business Potential
How do independent contractors pay payroll? How is an independent contractor paid? Obtain the independent contractor’s Form W-9, Request for Taxpayer Identification Number and Certification. Provide compensation for work performed. Remit backup withholding payments to the IRS, if necessary. Complete Form 1099-NEC, Nonemployee Compensation. Read more on www.adp.com Individuals who work for a firm or … Read more
How difficult is it to run your own payroll? Even if your company is small, processing payroll can be challenging. It takes time to gather employees’ information, calculate each employee’s gross and net pay, and ensure you’re withholding the right amount for state and federal taxes each pay period. Read more on www.business.com Although it … Read more
What is an unscheduled employee? Casual/Unscheduled Employee means an employee who is not scheduled on a pre-scheduled basis and is available to work on any shift on an as needed basis. Read more on www.lawinsider.com Employees that work on an as-needed basis may work for you as a business owner. These workers might be called … Read more