2006-09-18 06:34:05 · 7 answers · asked by swtnsassy76 1 in Business & Finance ➔ Small Business
IF U NEED TO SUPPLY ANY TYPE OF GUARUNTEE OR INSURANCE , I WOULD SUGGEST IT HIGHLY. IF YOUR HUSBANDS NAME IS NOT BEING MENTIONED OR DOCUMENTED IN ANY WAY THEN DONT WORRY ABOUT IT
2006-09-18 06:39:29 · answer #1 · answered by sammi girls mom 5 · 0⤊ 0⤋
Florida requires contractor licenses.
Hell, even lawn people are licensed.
Hired one when I was there.
He will/should receive a 1099 for tax filing.
He may not receive one if paid in "cash".
That's a way to avoid Social Security payments and Workman's Comp. by the employer.
He can demand one.
He should, and may be required to submit a "Self Employment" tax, in lieu of SSI. Be prepared for that by April 15, filing.
I do not know the present rate.
He must submit quarterly tax estimates. There are penalties for failing to do so.
Check on dates. I think it is still April 15, June or July 15, Sept. 15, and the next Jan. 15, for taxable year 2006. If this just occurred, and you missed Sep.15, make up the difference on Jan. 15, or send it ASAP now. Shouldn't be a problem.
One must pay 80% of previous year taxes, unless current income is far less than previous year.
2006-09-18 07:04:18 · answer #2 · answered by ed 7 · 0⤊ 0⤋
Our business uses subcontractors all the time. Most of them are licensed (because they own their own business and do work for others not just us). If your husband just works mainly for one company I would say he probably doesn't need a license. He should get a 1099 for his wages for tax purposes. My advice would be to check for yourself and make sure he doesn't need a license. Every state is different. I would start by calling the city or county you live in. (i.e. here we call City Hall or the Court House for the county). Good Luck!
2006-09-18 07:01:30 · answer #3 · answered by GreeneyedCowgirl 5 · 0⤊ 0⤋
It depends on the type of work. Being a subcontractor does not mean that you need a license to do something. Your question is too vague for anyone to give a reliable answer.
2006-09-18 06:43:35 · answer #4 · answered by nauticalpsycho 2 · 0⤊ 0⤋
I don't think he will, unless he is paying some other workers out of his pay from his customer.
Make sure that your husband puts money aside to pay taxes at the end of the year. Make sure he files a 1099 form with the company that is paying him.
2006-09-18 06:42:52 · answer #5 · answered by Jennifer W 4 · 0⤊ 0⤋
I was a subscontractor for a year and never needed a license.
2006-09-18 06:37:44 · answer #6 · answered by Christopher B 2 · 0⤊ 0⤋
no he'll have to file 1099 as an independent contractor to pay taxes
2006-09-18 06:38:04 · answer #7 · answered by Anonymous · 0⤊ 0⤋