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Help is here
Use Our Online Tool to Better Understand Government Funding Programs
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Access vital funding to help your business remain open, continue paying your employees, and recover from unplanned circumstances due to the COVID-19 pandemic.

Paychex has created an easy-to-use online tool that details the specific federal relief programs and refundable credits available through the Families First Coronavirus Response Act (FFCRA) and the Coronavirus Aid, Relief, and Economic Security Act (CARES). The tool includes helpful links to applications and a comparison chart of loan programs (Paycheck Protection Program and the Economic Injury Disaster Loan program) to help you address what would best meet the needs of your current circumstances.

Access the Tool

We recommend discussing these options with your accountant or trusted advisor to determine the best course of action to leverage the incentives available.

Paychex is actively working to help make the PPP loan application process simpler. If you’re a Paychex client, we’re creating a report and ensuring it reflects changes introduced April 2 by the federal government. To utilize the report, your business or your clients’ business must have run payroll with Paychex in 2019.

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How to Avoid Misclassifying Workers

Payroll
Article
08/12/2013

The problem of misclassifying workers is so rampant that the federal government has enacted a new multi-agency misclassification initiative to bring in past-due revenue. Every business should understand governmental definitions, in addition to the rules and regulations regarding worker classifications in order to minimize penalties and/or mitigate the risk of exposure in a private lawsuit. Learn how to better differentiate between employees and independent contractors to help protect your business.

For independent contractors, the IRS will look at the relationship between your business and the worker. The degree of control and independence of the worker are keys in determining classification. The IRS generally looks for evidence of the degree of control in three categories: behavioral control, financial control, and the type of relationship. For example:

  • Who has the right to control and direct what work is done and how it's done? Do you tell the person what needs to be done and instruct him or her on how to do it?
  • Who supplies the tools and equipment?
  • Is the individual responsible for paying their own payroll taxes?
  • Who has control over the pay involved? Do you pay for any employee-type benefit such as vacation and/or sick pay, insurance or pension plan?

Please note: No one factor is determinative, and you may not be able to determine whether an individual is an employee or an independent contractor using these factors alone.

This website contains articles posted for informational and educational value. Paychex is not responsible for information contained within any of these materials. Any opinions expressed within materials are not necessarily the opinion of, or supported by, Paychex. The information in these materials should not be considered legal or accounting advice, and it should not substitute for legal, accounting, and other professional advice where the facts and circumstances warrant.