There are many companies who hire employees but - sm Posted: Apr 16th, 2016 - 6:56 am In Reply to: What do you think of - Cherry pie
the "employee" is sent a 1099. You ask why do they do that? Because many times, they do not have the money to pay the employees' taxes. Seems this happens a lot in certain industries, such as trucking. That's where the DOL steps in. For an IC, you cannot contract with a subcontractor and then treat them like an employee. That's where the IRS steps in with the filing of an SS-8 form to determine if the subcontractor has been treated like an employee without any benefit to the IC but only to the business, no taxes withheld, no workers comp, etc.
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