Individuals or independent contractors who earn $600 or more in nonemployment income within a calendar year must receive a Form 1099.The IRS considers someone an independent contractor if they are self-employed or if a business contracts them to perform work as a nonemployee. ...
A job requisition is a formal request to hire someone for a job. The requisition contains the job details, including desired candidate qualifications, role requirements, and job details. Some companies also post the target salary or salary range in the requisition. What Is Requisition Reconciliation...
Need to conduct market research for a new product you're developing, but don't know where to start? Outsource it. Even if hiring someone's not on the table, doing the prep work to hire that person can be just as beneficial. Here's why this strategy works for Axel Lavergne, founder...
Box 1 is where you enter the full amount of payments you gave to a nonemployee during the year. Report all payments that you made: To someone who is not your employee For services in the course of your trade or business To an individual, partnership, estate, or, in some cases, a cor...
What is a ghostwriter? A ghostwriter is someone who writes a piece of copy or text (or song) that’s officially credited to another person’s name as the author. You can hire a writer, for instance, to produce a thought leadership piece for your company blog, but the CEO gets the ...
Employers should retain I-9s as long as someone is in their hire.2From time to time, the federal government may examine your employment records. Failure to properly maintain and produce Form I-9 during an audit can result in civil fines, which may vary depending on the severity of the vio...
Business would be much simpler if you could hire a digital marketing A-Team in one fell swoop. If only. You’ll have to piece your team together, which won’t happen overnight; the average hiring cycle is 44 days. But, knowing how to find and attract talent can simplify the process....
As you add more employees, the more challenging payroll becomes and any mistakes you make can result in costly tax penalties. Payroll’s impact on cash flow Even if you’re not paying someone else to do payroll for you, it’s still considered a business expense. This is because your ...
5. How much does it cost to hire someone to build a website? Freelance web designers have an average rate of $25/hour. On average, a simple website can cost a couple thousand dollars, a corporate website with multiple pages can cost $3,000-5,000, and a premium, custom website des...
So ask yourself:How do I ensure success in my professional projects?Some of your responses might apply to your relationship. Schedule meetings When you want to connect with someone regarding an important project at work, you typically don’t rely on random outreach, hoping the other person is ...