34 Navigating Employee Classification: Mastering W-2 and 1099 Hiring for Your Private Practice

15/06/2023 27 min Temporada 2 Episodio 34
34 Navigating Employee Classification: Mastering W-2 and 1099 Hiring for Your Private Practice

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Episode Synopsis

Have you ever felt overwhelmed by the complexities of hiring employees for your private practice? Fear no more, as I break down the critical differences between W-2 and 1099 employment, and guide you through the process of classifying your team members correctly to avoid any licensing board or IRS troubles. I share a cautionary tale of someone who faced an audit by the Texas Workforce Commission due to misclassification and provide you with actionable steps and resources to make informed decisions when hiring.Don't miss this in-depth analysis of the IRS' 20-factor test, which will help you determine the correct classification for your employees. I discuss various factors such as the level of instruction, company-provided training, degrees of business integration, extent of personal services, level of control, continuity of relationship, flexibility of schedule, demands for full-time work, need for on-site services, and sequence of work. Say goodbye to hiring nightmares and confidently grow your practice with these expert insights!Get your step by step guide to private practice. Because you are too important to lose to not knowing the rules, going broke, burning out, and giving up. #counselorsdontquit.

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