How do I know what documentation I need to stay compliant?

Reports have shown that 10-20% of independent contractors are misclassified. And misclassification leaves your business open to liabilities and penalties due to violations of tax and employment laws.

To stay compliant, you must work with properly classified independent contractors.

Here are some documents that may help reinforce your proper classification:

• Master Contract
• Work Orders
• IRS Tax form W-9 or IRS Tax form W-8
• Invoices sent by your Vendors