Labor Cost receipts? - Tax strategy?

[Silverplum]

A person being paid under $600 for a job is not an employee, I never said I was paying anyone over $600, READ MY ORIGINAL POST!!!
someone please lock my post before i go postal in here, my god

I'm sure you professional psoters know everything but please read the entire post before commenting..is that too much to ask???

I ONLY want to hear back from Rehabbers or Reel Estate people PLEASE!

I'm one of those, have been for decades, and wouldn't touch your post with a 20-foot pole now.

Lose the attitude, start reading, and be nice to the volunteers.

 

[Ohiogal]

No, you are wrong and you are missing the POINT, I KNOW ITS ILLEGAL TO HIRE SOMEONE FOR OVER $600 OR ILLEGALS, BUT DID I SAY I WAS??? NO! READ THE FRICKEN OP for gods sake!!.

And, when was it illegal to hire someone for less than $600 and not have a tax event?? It's not!!! and I never said otherwise!

If you were a Rehabber or maybe knew about reel Estate, you might know this.

And yes, I am speaking to people in the REEL ESTATE FORUM like they are into Reel Estate, shouldnt they be????? WTF?

If your a Professional Poster, like I said, please stay out of my post, my whole post is just fricken polluted now, thanks..


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When did this become about film?????? If you are really a rehabber I would think you would know how to spell REAL ESTATE. Of course, California is odd and maybe you are in the film industry and the rehab you speak of is for drugs, alcohol or exhaustion.

 

[Zigner]

A person being paid under $600 for a job is not an employee...

On this point, you are wrong. The amount of money you pay a person does not determine whether or not they are an employee. I know that you believe otherwise, but you are simply wrong. Once you understand this (very basic) fact, then you will be able to learn how to proceed in a legally correct manner.

Good day.

 

[Zigner]

I would suggest that you read the following: http://www.edd.ca.gov/pdf_pub_ctr/de38.pdf

You will find that nowhere does it state that there is some magical $600 cut-off that makes an employee in to an independent contractor.

 

[Just Blue]

No, you are wrong and you are missing the POINT, I KNOW ITS ILLEGAL TO HIRE SOMEONE FOR OVER $600 OR ILLEGALS, BUT DID I SAY I WAS??? NO! READ THE FRICKEN OP for gods sake!!.

And, when was it illegal to hire someone for less than $600 and not have a tax event?? It's not!!! and I never said otherwise!

If you were a Rehabber or maybe knew about reel Estate, you might know this.

And yes, I am speaking to people in the REEL ESTATE FORUM like they are into Reel Estate, shouldnt they be????? WTF?

If your a Professional Poster, like I said, please stay out of my post, my whole post is just fricken polluted now, thanks..





'

My advice would be to consult with a Mental Helth Professional regarding your anger issues. Good Luck and Happy New Year.

 

[Zigner]

Just for #2 and giggles:

http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Employee-Common-Law-Employee
(no mention of that magical $600 limit)

 

[LdiJ]

A person being paid under $600 doesnt need a 1099, I never said I was paying anyone over $600, READ MY ORIGINAL POST!!!
someone please lock my post before i go postal in here, my god

I'm sure you professional psoters know everything but please read the entire post before commenting..is that too much to ask???

I ONLY want to hear back from Rehabbers or Reel Estate people PLEASE!

Ok...I am going to try again because you honestly do not understand. I wish you would go watch the video (made by the IRS) that I gave you the url for.

An independent contractor receives a 1099 if they are paid more than $600.00 and does not receive a 1099 if they are paid less than 600.00 annually. However, there are specific criteria that must be met before someone can be classified as an independent contractor.

An employee is paid a regular paycheck with proper withholding, and receives a W2 whether they make $10.00 or 1$100,000 (or any amount in between). Again, there are criteria that determine whether or not someone is an employee.

Based on the description that you have given here. Your day labors are employees and should be paid via a paycheck with proper withholding and a W2 at the end of the year.

Yes, people in your industry have been notorious for illegally treating employees as independent contactors...and many of them have gotten away with it for a period of time. However, you cannot count on that happening for you.

 

[CalRehabber]

Got it, THANK YOU!

Ok...I am going to try again because you honestly do not understand. I wish you would go watch the video (made by the IRS) that I gave you the url for.

An independent contractor receives a 1099 if they are paid more than $600.00 and does not receive a 1099 if they are paid less than 600.00 annually. However, there are specific criteria that must be met before someone can be classified as an independent contractor.

An employee is paid a regular paycheck with proper withholding, and receives a W2 whether they make $10.00 or 1$100,000 (or any amount in between). Again, there are criteria that determine whether or not someone is an employee.

Based on the description that you have given here. Your day labors are employees and should be paid via a paycheck with proper withholding and a W2 at the end of the year.

Yes, people in your industry have been notorious for illegally treating employees as independent contactors...and many of them have gotten away with it for a period of time. However, you cannot count on that happening for you.

 

[CalRehabber]

I really do get it that if you pay someone, they are an employee, I REALLY DO!, no really, I really do..

Do you treat your kid like an employee and 1099 them when you pay them to do a chore though?? just dont know what the difference there is though but I'm sure it's a whole new worm we can start... what the heck, why not?..

 

[Zigner]

I really do get it that if you pay someone, they are an employee, I REALLY DO!, no really, I really do..

Then you don't get it, as that is not what you are being told.

Please try to lose the emotion and look at this as a business-person wanting to learn.

 

[CalRehabber]

Then you don't get it, as that is not what you are being told.

Please try to lose the emotion and look at this as a business-person wanting to learn.

Nope, your wrong again, I do get it and I'm sorry If I am not clear enough but;

I REALLY DO GET IT!

 

[CalRehabber]

Technicly speaking; is there a difference if you pay your kid to do some work on your property and me paying someone to do a job at my property for less than $600????

 

[Zigner]

Technicly speaking; is there a difference if you pay your kid to do some work on your property and me paying someone to do a job at my property for less than $600????

It is irrelevant to your question. As such, it is a hypothetical. We don't do hypotheticals.

ETA: However, because I'm in a good mood today - review the following, it will answer your questions. http://www.irs.gov/taxtopics/tc756.html

 

[CalRehabber]

I'm glad your in a good mood but I disagree..

It's not irrelevant, it's the exact same thing, paying someone to do work makes them your employee, whether it's your kid or not, correct? Isn't this the point you guys are all getting obsessive about?

I think most if not all of you don't even 1099 your kid and I'll bet they are probably under age to work as well so what laws are you breaking?

BTW - You miss-spelled hypotheticals... should I trust the advise from some one who doesn't spell correctly?

It is irrelevant to your question. As such, it is a hypothetical. We don't do hypotheticals.

ETA: However, because I'm in a good mood today - review the following, it will answer your questions. http://www.irs.gov/taxtopics/tc756.html

 

[Zigner]

I'm glad your in a good mood but I disagree..

It's not irrelevant, it's the exact same thing, paying someone to do work makes them your employee, whether it's your kid or not, correct? Isn't this the point you guys are all getting obsessive about?

I think most if not all of you don't even 1099 your kid and I'll bet they are probably under age to work as well so what laws are you breaking?

Read the page I directed you to.

BTW - You miss-spelled hypotheticals... should I trust the advise from some one who doesn't spell correctly?

No, I did not.

You, however, misspelled advice.