With all the companies around that will provide the client with long-term or short-term workers, I suggest that my clents hire through them. That way the agency pays the worker, handles all the payroll taxes, and issues the W-2.
Your client pays the agency an amount that covers the worker's salary, etc and an agency fee for their services. I don't know how it is with Mainland conpanies but here your client can even pick the worker he wants, have the worker become an employee of the agency and the worker will work exclusively for the client for as long as needed.,
I think this is a great idea. So much better than a temp agency or an employment agency that just finds the employee for the client and the client has to meet all the W-2 requirements.
2009 Independent Contractor Reclassified
Collapse
X
-
But, August
effective date means that you are also dealing with 3rd qtr issues also and must report in the correct quarters.Leave a comment:
-
Also add the two W2s, (you probably included that when you mentioned W3 above),I have a client who issued 1099Misc to 2 subcontractors in 2008. There were law suits and the company he used the sub-contractors for said he must issue 2009 W2s to the subcontractors and ensure all federal and local taxes are paid - that instruction came last month. I already submitted his personal payroll but he said that must be corrected to include the two sub-contractors effective August 2009.
Do I need to just correct 4th Quarter Form 941 and original W3? Please, I need your advice on best way to go about this.
Kay, EA
and also deal with state unemployment tax issues (SUTA) and a corrected 940
form.Leave a comment:
-
2009 Independent Contractor Reclassified
I have a client who issued 1099Misc to 2 subcontractors in 2008. There were law suits and the company he used the sub-contractors for said he must issue 2009 W2s to the subcontractors and ensure all federal and local taxes are paid - that instruction came last month. I already submitted his personal payroll but he said that must be corrected to include the two sub-contractors effective August 2009.
Do I need to just correct 4th Quarter Form 941 and original W3? Please, I need your advice on best way to go about this.
Kay, EATags: None
Disclaimer
Collapse
This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.
Leave a comment: