Remove compliance employer-forms
article thumbnail

Be Solopreneur Savvy: Insist on a 1099, not a W-2

Successful Independent Consulting

This is because of self-employment tax. As a self-employed business owner, you have to pay the employer’s share of your Social Security and Medicare contribution— 15.3% If you want to know why, read my white paper about co-employment risk.) A W-9 form is what results in a 1099 tax statement at the end of the tax year.)

Software 195
article thumbnail

Why Friends Don't Let Friends W-2

Successful Independent Consulting

This is because of the self-employment tax. As a self-employed business owner, you have to pay the employer’s share of your Social Security and Medicare contribution or 15.3% If you want to know why, read my white paper about co-employment risk.) You are asked to complete a W-2 tax form, not a W-9 form. (A

Agile 265
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Unlocking US Market Success With Expert Assistance

Business Consulting Agency

This wealth of insights forms the bedrock for crafting bespoke market entry strategies aligned precisely with the company’s objectives, fostering a competitive advantage. Navigating Regulatory Compliance and Legal Frameworks Understanding and adhering to US laws, regulations, and industry standards are paramount.

article thumbnail

Contractor, Consultant, or Both: It Matters!

Successful Independent Consulting

To be paid on a business-to-business basis with a 1099 tax form at the end of the year, your client needs to classify you as an independent contractor. Most large corporations have a vendor compliance process in place to make sure they are correctly classifying their non-employee workers as either contractors or independent contractors.

article thumbnail

How Consultants Enhance Website Quality and Results

Business Consulting Agency

This includes improving call-to-action buttons, forms, and overall website flow. Security Measures : Consultants implement security measures to protect the website from cyber threats and ensure data privacy compliance. This contributes to better search engine rankings and customer retention.

article thumbnail

The Current State of IR35

Comatch

IR35 has been with us in some form since 2000. But, prior to April 6, 2021, the responsibility for determining employment status under IR35 lay mainly with the contractor rather than the client. The total cost to these employers, in penalties and tax, was a combined £120 million. . What has Changed?

article thumbnail

Facilitation 101: Tips for Running Successful Group Sessions

Tom Spencer

Securing rational compliance from key stakeholders typically relies on formal structures, routines, and hierarchies to bring about an outcome. Or does it feel like compliance? What concepts do they need to internalize to form a solution? Delivering impact involves moving along a spectrum from doing analysis to driving change.

Groups 88