How do I pay an independent contractor if the check in his name is deposited in my account. Thought of having him take check and pay me 1/2 as rent.
Well I’m confused. Who billed the patient? If they’re truly an IC wouldn’t the billing go out under your practice and you pay them for their services? That’s generally how an IC works. If they’re space sharing or subletting, and they bill for services, then rent appears to be the correct arrangement. Don’t mix the two.
This post first appeared on DentalTown.
Send your questions to Tim Lott, CPA, CVA at tlott@dentalcpas.com
For more information or to sign up for our newsletter, please contact info@dentalcpas.com