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Navigating the Brush Strokes: Employee Vs. Contractor Models in Professional Painting

Author
Daniel Honan
Published
Fri 02 Jun 2023
Episode Link
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This podcast episode delves into the intricacies of employee models vs. subcontractor models within professional painting businesses. Daniel and Richard scrutinize the advantages and disadvantages of both employment models, underlining the necessity for business owners to properly classify their workers in compliance with IRS rules. Discussions revolve around IRS Common Law Rules for contractors that include behavioral, financial, and relationship aspects. Furthermore, the episode offers insight into potential legal ramifications if a contractor is incorrectly classified as an employee and vice versa, including the possible collection of payroll taxes and demands for social security or medicare taxes. The episode also shares stories from long-time painters and ponders over whether the best painters work for themselves or for others. 

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