LLC: Hiring Subcontractors

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LLC: Hiring Subcontractors

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JWagn

posts: 1

Jan 05, 2009 11:35 PM ET Quote Report Abuse

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I have an LLC and am considering hiring a couple of good people as 1099 subcontractors. Is there special paperwork that I have to file with the government and are there any implications to doing so that I should be careful with?

nevadascul

posts: 651

Jan 06, 2009 1:00 AM ET Quote Report Abuse

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Yes,

You need to be careful how you define and manage their positions. Their can be a fine line between and employee ( for which you would have to pay payroll taxes ) and independent contract employees.

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The older we get, the more excuses we make for not chasing after our dreams. But truth is, goals are attainable at any age.

SandyPI

posts: 49

Jan 06, 2009 7:16 AM ET Quote Report Abuse

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I am not familiar with that, but will be glad to help you with the legality of background checks if you need it.

Sandy

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Confadate for your peace of mind.

Sandy

PRINCIPE

posts: 19

Jan 06, 2009 4:46 PM ET Quote Report Abuse

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Hi JWagn, in order to classified a workers as IC you must observe the IRS guidelines, you shall as the questions Who perform the work, what will be done, how it will be done and when it will be done. Also Check the questions the IRS ask in form SS-8, you don`t need to fill this form but the questions can help you about to have a clear idea in classified your workers.

You must provide them the form W9 in order to issue the form 1099 at the end of the year.

if you need more help, feel free to write me.

Manny

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