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0186: When Being A Licensed Contractor Is Not Enough

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Sinopsis

This Podcast Is Episode Number 0186 And It Will Be About When Being A Licensed Contractor Is Not Enough When You Hire A 1099 Contractor They May Actually Be Your Unplanned Employee! Having a contractor’s license is not proof enough you are a business versus an employee. If you hire a 1099 Contractor (Specialty or Trade Contractor), they just become your employee in the eyes of the tax agencies. When you hire 1099 contractors, you need to know that their state contractor’s license, bond, and insurance are active. If you are doing construction work in Washington State You can start here https://fortress.wa.gov/lni/bbip/Search.aspx When a being a licensed contractor is just not enough! During audits state, agencies are now looking to check about the bond and insurance.  Anytime a contractor’s license is suspended the state may reclassify that person as an employee on your jobs. Contractor's License Suspensions Are Computer Generated Did you mail your renewal to the wrong mailing address? Did you send your liabi