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The Baby Boomer Brain Drain, Hiring Back Retired Workers Safely
Freelance workers, independent consultants and independent contractors enjoy many advantages. Their schedules are flexible, they set their own agenda, and with a little planning, they can take extended time off.
The Baby Boomer Brain Drain, Hiring Back Retired Workers Safely
With 77 million baby boomers reaching retirement, and half of the middle to upper management in this country reaching retirement age in the next five years, our country is soon to lose many of its most experienced workers. By 2015, it is estimated that 20% of the workforce will be 55 or older
Contractor Reclassification Risk- Are You Misclassifying Your Workers?
The process of misclassifying workers, or treating workers as independent contractors when they should be considered employees, is a serious problem. The situation is a particular problem in the IT field and other "white collar" professions. Contractor compliance is coming under increased scrutiny from the IRS as well as many states.
Tips to Keep Your Home Business Organized
If you have a home business, getting yourself organized should be a priority. Lack of planning and organization reduces productivity, increases stress, and strains working and personal relationships. Precious work time can be lost while searching for things you have misplaced and need. Missing deadlines and important meetings with contacts, forgetting critical details, confusion, trouble making necessary decisions, and business failure, are common problems for those working from home that are no
Why Freelance? The Advantages of W-2 versus 1099
The term "freelance" comes from the works of Sir Walter Scott and refers to traveling knights offering their services in battle to noblemen for a fee. This colorful designation is now used for independent contractors who offer their services to companies but are not officially employed by them. The freelancer is free to work in whatever manner they would like in order to accomplish the task given to them.
Important Tax Information for Independent Contractors
Being your own boss is certainly rewarding, but few people think about the extra work of preparing invoices and tax forms. Independent contractors need to be aware that being independent of the client company is a special tax situation, and they will need to file differently with Internal Revenue Service than they might have in the past.
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