Independent contractors are valid in various industries given the proper circumstances, including dentistry. However, the government has and will continue to look for abuses of the classification where employers attempt to use the classification to avoid employment taxes. People who wish to be considered independent contractors (IC) should arrange their circumstances so that their case […]
Tag: 1099 reporting
New 1099 Proposal in Health Care Act Could Cause Additional Burden for Dentists
Here is an article that one of our managers (Lance Jacob) wrote. Small business may have extra tax reporting requirements starting in 2012 due to the passage of the Patient Protection and Affordable Care Act (Health Care Act) signed by the President on March 31, 2010. In the past businesses have been required to prepare […]