New Rules for Florida Businesses Hiring Independent Workers

– Florida businesses are now required to report services received from independent contractors to the State Directory of New Hires.
– The report must be filed within 20 days after the first payment to the independent contractor or the date the contract was entered into, whichever is earlier.
– The reporting process for independent contractors is similar to reporting for employees and can be done through the same online tool.
– The reporting requirements now apply to all businesses or “service recipients,” regardless of the number of employees.
– Businesses using independent contractors should assess if individuals will meet the $600 threshold before the end of the calendar year for timely reporting.
– Businesses should also review their classification of employees and independent contractors to ensure compliance.

https://www.williamsparker.com/insights/new-requirements-for-florida-businesses-using-independent-contractors/