[hiring + payroll]

independent contractor forms

If you have independent contractors, it is critical that you give them a 1099-MISC at the end of the year if you have paid them more than $600. Get each independent contractor to fill out a Form W-9 before he or she begins work so you will have their name, address and social security number.

Form W-9

Form 1099-MISC for 2011

If you aren't sure if you have an independent contractor or if you should really be hiring an employee, click below. If you incorrectly classify a worker as an independent contractor, the IRS can reclassify the individual as an employee, meaning you will face very harsh payroll tax penalties for not filing and paying payroll taxes on time.

Employee or Independent Contractor?

useful INFO + RESOURCES

Tips + Articles

• Payroll tax overview
• Payroll tax exemptions
• Independent contractor vs employee
• Multi-state payroll
• Employee forms
• Independent contractor forms
• Hiring + Payroll

Links:

With the Department of Homeland Security With the Social Security Administration

Federal MD

• Work opportunity credit

Downloads:

• Employee Forms
• Independent Contractor Forms