Challenges and Solutions: A Guide to Freelancer Compliance
Freelancers represent more than one-third of the U.S. workforce, but 10 and 20 percent of employers misclassify at least one worker as an independent contractor. This opens them up to tremendous compliance risk, as the fine for misclassifying one freelancer is $35,000. How can businesses scale their freelance workforce while also ensuring they maintain employment and tax compliance?
With this guide, get insights and strategies to:
Understand the risk that freelancer misclassification poses to businesses of all sizes
Gain knowledge about the criteria the government uses to determine if a worker is a freelancer or a full-time employee
Adopt best practices and technology for onboarding, payment, and taxes that reduce compliance risk