Independent Contractor vs. Employee

From the Law Firm of Leisawitz Heller — “The differences can be boiled down to the degree of control and independence the worker has in these three categories: 1. Behavioral: Does the company control or have the right to control what the worker does, how the worker does his or her job and whether the worker can…

Pan-American Life Insurance Group Introduces Their Independent Contractor Occupational Accident Product

From insurancenewsnet.com — “Pan-American Life Insurance Group (PALIG), a leading provider of insurance and financial services throughout the Americas, has announced a new Independent Contractor Occupational Accident product and program.  The new program, underwritten by Greenwood International Insurance Services, Inc. (GWI), a wholly owned subsidiary of PALIG, insures Independent Contractors for on-the-job injuries, including Contingent…

Silicon Valley’s Contract-Worker Problem

From NYMag  — “I first heard the term “1099 economy” at this year’s TechCrunch Disrupt conference, where it was uttered not as a pejorative, but as a way to praise the innovative labor practices of Silicon Valley start-ups. When you order a service from one of these companies, the people who get paid to perform it…

Tax dodging through misclassification needs to stop

From NC SPIN Balanced Debate for the Old North State — ““Employee misclassification.” The term is not likely to get your heart racing, but it should. Why? Because it’s illegal, it’s widespread and it’s costing North Carolina’s taxpayers close to a half-billion dollars per year…. The practice is not complicated, and neither is the solution:…

Employee vs Independent Contractor – Work at Home and set your own Schedule

From Computer Solutions — “What I seek to do is highlight typical circumstances distinguishing the employed from the self-employed. FINANCIAL An employee only has to pay the employee part of FICA, Medicare, etc. An independent contractor must pay the higher self-employment tax. As this agents income increases, he will face a noticeably higher employment tax burden as an…