I was invited to contribute to Planner’s Lounge Blog on the risks for wedding planners of misclassifying their contractors, and a few identifiers that one may be doing this wrong.
Here’s a snippet:
As a wedding planner, it’s likely you’ve hired an associate (or a few) to assist you on the weekend. It’s not unusual for associates to be classified as contractors. This casual working relationship is most appealing as you don’t have to pay taxes on their behalf, and you don’t feel the financial strain of a more permanent relationship.
Many small business owners make the decision to classify a worker as a contractor for their own convenience. But, the reality is that this isn’t a choice you can make to suit your needs. The reality is defined by the IRS. The IRS wants to see control and independence in how a contractor works with its client.
Read the rest of the article here.