Transcription of INDEPENDENT CONTRACTORS IRS 20-FACTOR TEST
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INDEPENDENT CONTRACTORS IRS 20-FACTOR TEST
INDEPENDENT CONTRACTORSIRS 20-FACTOR TESTAn INDEPENDENT contractor is a worker who individually contracts with an employer to providespecialized or requested services on an as-needed or project basis. This individual is free fromcontrol and direction of the performance of their work, and the individual is customarily engagedin an INDEPENDENT trade, occupation, profession, or CONTRACTORS have greater control over the way they carry out their work thanemployees. Employers assume fewer duties with respect to INDEPENDENT CONTRACTORS CONTRACTORS are generally outside the coverage of various laws that apply to theemployer-employee relationship.
Therefore, the penalties for misclassifying a worker can be huge. Penalties can include back taxes or premiums, civil fines, interest, and other retroactive damages. The independent contractor relationship is beneficial to both parties, so pursuing an independent
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