All Blog Posts Tagged 'IRS' (4)

Exempt, non-Exempt, contrac employee, independent contractor & lease staffing employee

Regardless of your position it is very important to fully understnad the difference between various employment statuses.

Employee status is defined by both IRS code and DOL laws.

Non-exempt simply means the employee is not exempt by DOL from the employer paying overtime. They may work for the client company or a third-party provider.

Exempt is a status given to certain employees who meet DOL requirements such as minimum salaries, job titles and certain work requirements…

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Added by Jeff Dahlberg on April 9, 2013 at 7:07am — No Comments

URGENT - The IRS Plans to Eliminate High-Low Per Diem Method!

The IRS recently announced plans to discontinue the High-Low Substantiation Method, a decision that could significantly slow down negotiations in contract placements and increase the administrative burden of managing contractors.  But fortunately, the IRS is reconsidering this decision, and you can help convince them to keep the high-low method in place

Contractors are often paid a per diem rate for travel expenses when working away from home rather…

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Added by Debbie Fledderjohann on September 9, 2011 at 11:56am — 1 Comment

Six Common Triggers for an IRS Misclassification Audit

We've talked a lot on this blog about the government's crackdown on the misclassification of W-2 Employees as 1099 Independent Contractors and have provided resources that recruiters can use to educate their clients on this issue. But if your clients are like a lot of employers out there, they may be thinking it is unlikely that they will be audited, especially if they are a particularly small company.  However, even if a company is very small, there are a number of triggers that could…

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Added by Debbie Fledderjohann on January 14, 2011 at 10:03am — No Comments

Be Aware of New Per Diem Rates When Placing Contractors

If you place contractors who are eligible for per diem, you may want to be aware of the new High-Low Substantiation rates recently released by the IRS.



Employers often choose to pay a per diem rate to an employee on business travel instead of reimbursing them for the actual cost of the expenses they incur. This is especially common in contract assignments because the employee is often working in a location far from their permanent residence and must maintain a second…

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Added by Debbie Fledderjohann on October 21, 2010 at 4:52pm — No Comments

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