Forum Discussion
The_Texan
Oct 04, 2012Explorer
Blondie Girl wrote:Were you working for a company that was involved in a MULTI million dollar law suit with the Feds over the independent contracting status?? That is what is starting to rear its ugly head and the lawyer we talked to, went to the Feds about the consequences and that is why I am saying, be VERY careful.......
I have had an Independent Contracting business as a part-time job for several years and have always been paid by 1099. The IRS has never questioned my deductions or my tax returns. Most of the work I did was just as it is with GGS..with me actually being a sub-contractor and doing the work to their specifications.
I really don't think there is anything to worry about, but it could benefit you to consult with a tax consultant.
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