Employers

admin exit interview

Admin Exit Interview

It can be hard to collect information from exiting employees for a number of reasons: being disgruntled, having lost motivation, being distracted by their new job/move, etc. Do you have remote work employees? How will you collect your intellectual and physical property from remote workers? It is vital that these things are planned and agreed upon, in writing, […]

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1099 Form Changes for 2020

It’s Alive! The 1099-NEC form has been brought back to life. Just in time for Halloween! “The new Form 1099-NEC—which is actually an old form that hasn’t been in use since 1982—is used to report any compensation given to nonemployees by a company. 1 The IRS has separated the reporting of payments to nonemployees from Form 1099-MISC and redesigned

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Independent Contractor Tests

It is very important that you classify workers properly.  The mistake of classifying an employee as an independent contractor can be costly. What is the definition of an Independent Contractor per the IRS? 20FactorTestforIndependentContractors Here is an example of the type of form your company should have for Vendor On-boarding. Example Independent Contractor Questionaire And

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Mileage and Travel Reimbursements

You cannot deduct commuting costs so make sure you understand what is considered commuting – See the image furnished by the IRS below. Reimbursements are part of an Accountable Plan which requires: Business Connection: Proof of business necessity Substantiation: Original receipts, mileage log, reimbursement request form. Return of Excess Amounts: Return of unused advances. IRS

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