Earlier quoted context omitted.
Wow, I'm getting down voted for pointing out slave labor in India is racist by drawing parallels from our own history. Since when did the HN community support racism?
Your argument is not really convincing, because you have neglected to consider that wages paid in foreign markets have quite different purchasing power from the amount that they would have here. Furthermore, the element of coercion is absent.
Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
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Re: Obama's job aid plan - $10,000 to $13,000 in assistance for entrepreneurship
#172Earlier quoted context omitted.
Seriously? I'm surprised anyone is still hiring at all in the US! Sheesh, what a policy. "Hello independent contractors" -- I hear you.
The IRS is very picky about what constitutes an independent contractor. This has long been abused by companies trying to skirt employment law and avoid payroll taxes. They have a litmus test of sorts to determine whether someone is an employee or an independent contractor (tl;dr: if you treat them like an employee, they're an employee). And of course, there are significant penalties for getting this classification wr…
My lawyer (a tax attorney) said this is rarely prosecuted on independent contractors who are themselves incorporated (along with things like actually have a contract etc). From my own experience this is true as well. Think about it, the IRS would have to give back all of the matching that the contractor (agent) did when they collect from the employer (principal).
Edit: talk to your own attorney though.