Engaging Independent Contractors: Balancing the Business Need with The Risk of Federal and State Tax Liability

Depending upon the skill set mix required by a firm’s clients, more than 20% of the consultants deployed by IT staffing firms can be independent contractors—even higher in some areas of the U.S. While working with ICs, whether operating as corp.-to-corps., LLCs, or the disfavored 1099s, is a competitive necessity for many IT staffing firms, […]