Topic : IRS

1 - 7 of 7

Misclassification: The Ultimate Nightmare

December 22, 2013  | Article

It is a true, life-changing story that can easily happen to anyone who is not classifying salon personnel correctly in the eyes of the government. You probably think you know the rules about employment classifications, but you’re probably wrong.

Keywords: booth rental   employee issues   independent contractors   IRS   Ken Cassidy  

Spin the Wheel! Playing the Classification Game

April 1, 2008  | Article

In the salon industry, workers most often operate in one of three ways: as employees, booth renters, or independent contractors. But for years many salons have incorrectly labeled their independent contractors and may have put themselves at risk of having the IRS reclassify their workers. Find out if you're doing things correctly or if you're just spinning the wheel and seeing where it lands.

Keywords: booth rental   business   business tools   employee issues   independent contractors  

Contract Labor, Booth Renter, or Employee — What Are They Really?

March 1, 2005  | Article

If they were audited, a large percentage of the salon owners in the beauty industry today could not pass the tests determining their workers’ tax status imposed by the IRS or by their individual state, says our expert. As tax time approaches, know the facts. The financial fall-out from misclassifying your staff can be devastating.

Keywords: booth rental   employee issues   independent contractors   IRS   taxes  

IRS Keeps It Simple to Comply With Tip Regulations

August 1, 2000  | Article

The IRS is making it easier for everyone in the beauty industry by simplifying its voluntary tip income compliance agreements.

Keywords: IRS   tipping  

Right on the Money? A Pro and Con Look at Tipping

November 1, 1999  | Article

The rumors of an IRS crackdown on salon tip reporting is causing salon owners and nail technicians once again to examine their gratuity policies.

Keywords: IRS   taxes   tipping  

A Hard Won Victory: Salon Owner Beats the IRS

October 1, 1997  | Article

It took five years and more than $100,000, but Nails Now! Owner Ira Bloom finally prevailed in his quest for the IRS to recognize his nail technicians as independent contractors.

 

Keywords: booth rental   business   business tools   employee issues   independent contractors  

Independent Contractor or Employee?

February 1, 1991  | Article

The first thing you should know about the difference between being an employee and being an independent contractor is that the choice may not be up to you. Stay on the right side of the law ... and the IRS.

Keywords: booth rental   independent contractors   IRS   taxes  

Featured Products & Promotions   |   Advertisement

Market Research

Market Research How big is the U.S. nail business? $7.3 billion. What's the average service price for a manicure? Dig into our decades' deep research archives.

Industry Statistics for

View All

VietSALON

The U.S. Vietnamese salon industry represents more than half of all salons. VietSALON serves this market with a bi-monthly Vietnamese language print magazine and a community-oriented website.

Subscribe to NAILS & SAVE!

Get a free preview issue and a Free Gift
Subscribe Today!

Please sign in or register to .    Close
Loading...
 
Subscribe Today
Subscribe Today