[MarkL]

Unless “every” position in the operation of the company is an “IC” and paid on a 1099.

Not sure if that would work either.

The IRS has very specific rules about who can be classified as a contractual worker with a 1099 vs an employee. In fact, and entire industry was formed to certify contractors.

Mark

[Zeneta]

This is very disturbing.

From what I remember of the original “ZeroCare” bill, they attempted to require any and all payments for services in excess of $600.00 per year, to be reported by both the provider and recipient.

That was removed from the bill.

That provision would have turned a deductible business expense into paperwork nightmare.

Now, it seems to turn it from a deductible expense into a liability ?

Please set me straight.