It didn’t all change in March 2020. Not really. The UK high street has been in the throes of a gradual revolution for decades. From the rise of ecommerce, to the birth of mobile, social commerce, and a growing emphasis on experience, change has been underway for a while. In fact for many, the pandemic has acted as a wake-up call. Digital transformation was no longer a ‘nice to have’ but a matter of survival. Necessity sparked innovation and customers are enjoying more flexibility and conveni ...
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Episode 87 - Dental Associate Agreements from an Associate’s Perspective: “W-2” vs. “1099”
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Content provided by The Dental Amigos. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Dental Amigos or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
In this fourth episode of Dental Associate Agreements from an Associate’s Perspective Season, the Dental Amigos discuss the difference between being an employee and an independent contractor, as well as the risks and benefits of both. Rob and Paul start off by touching on what it means to be treated as an employee, or in other words, a “W-2” and what it means to be treated as an independent contractor, which is often referred to as a “1099.” They also discuss what an associate should look for and/or expect when entering into each type of arrangement. The Amigos speak in general terms about properly handling taxes whether you are a W-2 or 1099 and how to be fully prepared when it comes time for tax season. In addition, the Amigos discuss the fact that the government has certain criteria and full control over whether an individual is considered a W-2 or 1099, as well as the potential ramifications which may come along with being misclassified. Lastly, Rob and Paul explain additional, so-called “risks” which go along with being a 1099 and how having a trusted CPA by your side when considering taking a position as an independent contractor may be just as important as getting your associate agreement reviewed by an attorney prior to taking any position. Listeners who want to reach out to Paul can do so at Paul@DentalNachos.com and those who want to reach out to Rob can do so at Rob@RMontgomery-Law.com.
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124 episoade
MP3•Pagina episodului
Manage episode 322891571 series 2492274
Content provided by The Dental Amigos. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Dental Amigos or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
In this fourth episode of Dental Associate Agreements from an Associate’s Perspective Season, the Dental Amigos discuss the difference between being an employee and an independent contractor, as well as the risks and benefits of both. Rob and Paul start off by touching on what it means to be treated as an employee, or in other words, a “W-2” and what it means to be treated as an independent contractor, which is often referred to as a “1099.” They also discuss what an associate should look for and/or expect when entering into each type of arrangement. The Amigos speak in general terms about properly handling taxes whether you are a W-2 or 1099 and how to be fully prepared when it comes time for tax season. In addition, the Amigos discuss the fact that the government has certain criteria and full control over whether an individual is considered a W-2 or 1099, as well as the potential ramifications which may come along with being misclassified. Lastly, Rob and Paul explain additional, so-called “risks” which go along with being a 1099 and how having a trusted CPA by your side when considering taking a position as an independent contractor may be just as important as getting your associate agreement reviewed by an attorney prior to taking any position. Listeners who want to reach out to Paul can do so at Paul@DentalNachos.com and those who want to reach out to Rob can do so at Rob@RMontgomery-Law.com.
…
continue reading
124 episoade
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