Financial Friday: Independent Contractor Law
Independent Contractor Law
Compliments of Breedlove & Associates, written specially for Regarding Nannies
This time of year, we frequently receive questions from both families and nannies about payroll and tax reporting requirements for a summer position. Many families assume that because the position is temporary, they can classify the nanny as an independent contractor and issue her a Form 1099. This assumption is incorrect and can land the family in a lot of trouble. Here’s why:
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