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#independent-contractor

Independent Contractor

Contractor payments, 1099 tracking, and compliance

Mobile IV Therapy Bookkeeping: Corporate Practice of Medicine, Medical Director Fees, and Nurse Classification
·mike

Mobile IV Therapy Bookkeeping: Corporate Practice of Medicine, Medical Director Fees, and Nurse Classification

Mobile IV and wellness injection bars must structure ownership as a physician-owned PC plus an MSO to satisfy corporate-practice-of-medicine rules, pay medical directors a flat monthly fee rather than a percentage of revenue, and classify nurses as W-2 employees in ABC-test states — each decision maps directly to a different chart-of-accounts structure.

healthcare
compliance
business-structure
Stunt Performer and Freelance Entertainer Tax Deductions: Why W-2 vs. 1099 Decides Everything
·mike

Stunt Performer and Freelance Entertainer Tax Deductions: Why W-2 vs. 1099 Decides Everything

W-2 performers permanently lost the deduction for unreimbursed job expenses, and the Qualified Performing Artist deduction's $16,000 AGI cap — frozen since 1986 — excludes most working artists. Self-employed stunt performers and entertainers paid on a 1099 can still deduct 100% of training, safety gear, demo reels, agent commissions, union dues, and audition mileage on Schedule C.

tax-deductions
self-employment
freelance
HMRC's April 2026 Umbrella Company Rules: Agencies and End Clients Now Liable for Unpaid PAYE
·mike

HMRC's April 2026 Umbrella Company Rules: Agencies and End Clients Now Liable for Unpaid PAYE

From April 6, 2026, HMRC can recover a UK umbrella company's unpaid PAYE and NICs directly from the recruitment agency — or the end client if no UK agency exists — with no reasonable-care defense. Here's who is in scope and the due diligence steps to take before the deadline.

tax-compliance
payroll
compliance
Cameo Creator Taxes: Why Your 1099 Won't Match Your Bank Deposits (and How to Book It Right)
·mike

Cameo Creator Taxes: Why Your 1099 Won't Match Your Bank Deposits (and How to Book It Right)

Cameo's 1099-NEC reports your gross booking price, but the platform keeps 25% — and Apple takes another 30% on iOS orders — so booking only your net deposits creates an IRS mismatch and erases a deductible fee. Here's how to record gross revenue and platform fees separately, what the 15.3% self-employment tax costs once you clear $400, and the 2026 quarterly estimated-tax dates to calendar.

side-hustle
self-employment-tax
independent-contractor
Independent Courier Bookkeeping: 1099 Taxes, Deadhead Miles, and the Cost-Per-Mile Math That Decides a Route
·mike

Independent Courier Bookkeeping: 1099 Taxes, Deadhead Miles, and the Cost-Per-Mile Math That Decides a Route

How independent couriers and last-mile delivery drivers keep real books on 1099 income — the 1099-NEC and 1099-K reporting thresholds, a 25–30% tax set-aside habit, standard mileage vs. actual expenses, and a cost-per-mile formula that counts the 20–25% of miles driven deadhead to tell profitable routes from money-losers.

bookkeeping
independent-contractor
self-employment-tax
Deferred Revenue and Contractor Classification: A Bookkeeping Guide for Career Coaches
·mike

Deferred Revenue and Contractor Classification: A Bookkeeping Guide for Career Coaches

How coaches should book multi-month packages with a deferred revenue liability — recognizing a $12,000 six-month package at $2,000 per month — plus when a subcontracted coach needs a W-2 instead of a 1099, and what the 2026 rise in the 1099 reporting threshold from $600 to $2,000 under OBBBA actually changes.

coaching
bookkeeping
accrual-accounting
Virginia HB 238: The Three-Year Pay Stub Retention Rule Now Binding Every Employer
·mike

Virginia HB 238: The Three-Year Pay Stub Retention Rule Now Binding Every Employer

Virginia's HB 238, effective July 1, 2026, requires every employer to retain pay statements for at least three years, presumes workers are employees unless the IRS contractor test is met, and imposes treble damages for knowing wage violations. Here is what changed in Va. Code § 40.1-29 and a retention checklist that also covers federal FLSA, IRS, and public-works rules.

payroll
compliance
small-business
Workers' Comp Premium Audits: Which Payroll Records Prevent a Surprise Bill?
·mike

Workers' Comp Premium Audits: Which Payroll Records Prevent a Surprise Bill?

A workers' comp premium audit reconciles your estimated payroll against actual payroll, job classification codes, and subcontractor payments. Missing a subcontractor's certificate of insurance can add the entire contract amount to your auditable payroll — plus a 25–50% non-compliance surcharge. Here are the records to keep monthly, and the 30–60 day dispute window to know.

payroll
audit
business-insurance
Dog Training Business Bookkeeping: Tracking Private Sessions, Group Classes, and Board-and-Train Revenue
·mike

Dog Training Business Bookkeeping: Tracking Private Sessions, Group Classes, and Board-and-Train Revenue

How dog trainers should book private sessions, group classes, and board-and-train packages separately — using deferred revenue for prepaid series, COGS tracking for boarding costs, and clean 1099 vs. W-2 classification for instructors.

bookkeeping
small-business
revenue-recognition
The DOL's 2026 Independent Contractor Rule: The Five-Factor Test Explained for Small Employers
·mike

The DOL's 2026 Independent Contractor Rule: The Five-Factor Test Explained for Small Employers

The Department of Labor's February 2026 proposal would rescind the 2024 six-factor worker classification test and reinstate a five-factor economic reality framework where control and profit-or-loss opportunity carry the most weight. Here's what changed, what still applies, and how small employers should audit their 1099 contractor relationships now.

independent-contractor
compliance
payroll
New Jersey's ABC Test: What the Final Independent Contractor Rule Means Before October 1, 2026
·mike

New Jersey's ABC Test: What the Final Independent Contractor Rule Means Before October 1, 2026

New Jersey's finalized ABC test regulations take effect October 1, 2026. Here's what each of the three prongs requires, what changed in the NJDOL's final rule, the penalties for misclassification — up to $1,000 per worker, 200% liquidated damages, and stop-work orders — and how to audit your 1099 contractor relationships before enforcement begins.

independent-contractor
compliance
payroll
Booth Rental vs. Commission: A Barbershop Bookkeeping Guide
·mike

Booth Rental vs. Commission: A Barbershop Bookkeeping Guide

Booth rental makes a barber a self-employed tenant filing Schedule C with quarterly estimates and 15.3% self-employment tax; commission makes them a W-2 employee. Weekly booth rent averages $220–$225, commission splits center on 60/40, and the 2026 1099-NEC threshold rises to $2,000 — here's how the bookkeeping differs and where misclassification penalties start.

bookkeeping
self-employment
small-business
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