The IRS is really taking a look at the distinction between employees and independent contractors.

This year especially, because of the ACA’s requirement that employers with more than 50 workers offer health coverage. I have been advised by the National Association of Health Underwriters (NAHU) as well as the Iowa Association of Health Underwriters (IAHU) and many CPAs that it is ultimately important that when we work on your group benefits packages, that we get an accurate census of all employees and distinguish the difference between part time, full time, full-time eligible and independent contractors.

There is a calculation that is used to determine who is eligible and who is not. And that will define your responsibilities as a business owner. There will be consequences if this calculation is taken for granted. We work with your professionals as a team to keep you with a benefits package that suits the needs of your members, that is budget-friendly and compliant. This article will give you some insight.

Our consultations are free, please call us. I will educate you, I will distinguish your choices and keep you compliant and on budget. Please understand that this article is lengthy and probably more detailed than you need or want; however, it is from the IRS and that is the big brother that we have to answer to in the end. So, to provide you with the most current and the most accurate information, I rely on sources that are going to be what we have to live with to begin with. Scroll through this, and read what interests you. Please let know that this is an issue. I would be happy to partner with your CPA so that we provide optimum performance for your choices. If you do not currently have a CPA and you want references, we have a preferred directory for your reference.