Expense, Tax Issues in Hiring Remote Workers: Biz Coach
As part of his management services, Biz Coach Terry Corbell now advises businesses with their expense and tax issues in hiring remote workers.
By: Biz Coach
He explains his approach to providing his new service for employers' expense and tax obligations with remote workers at https://bizcoachinfo.com/
"The keys for companies include analyzing the financial issues and having a written agreement with remote workers," says the veteran business-performance consultant.
While providing solutions, Mr. Corbell also issues a caution:
"As all of this entails record-keeping for the Internal Revenue Service and states, always remember to get expert advice as every locale and situation is different," he says. "So you can comply with tax requirements across state and national borders."
Again, he says to make sure you have a written agreement with your remote workers.
"Your tax liabilities are contingent upon your types of employees," Mr. Corbell explains. "Affected are whether you're obligated to withhold and pay taxes, benefits and overtime."
There are types of remote workers: Full-time employees, contractors and sole proprietorships.
He suggests researching your best payment provider based on the location of your remote workers and to allow for taking the important measures in filing, withholding and health benefits.
His service includes the following topics:
– International workers
– Three principles in hiring remote workers
– Remote employee reimbursements
About Biz Coach Terry Corbell
With proven solutions for maximum profits, Mr. Corbell is a profit professional with more than 30 years experience as a full-service, confidential business-performance consultant since 1992.
His clients have ranged from high-tech to professional service firms, and for the public sector in Marketing/Sales, Human Resources, Operations, Planning, Finance, Tech, Career Tips, Leadership and Public Policy.
His website: https://bizcoachinfo.com.
Biz Coach Terry Corbell
Page Updated Last on: Feb 28, 2021