Florida Businesses Now Required to Report Earnings of Independent Contractors. Effective October 1, Florida businesses will be obligated to report services received from independent contractor as a result of a new law signed into effect by Governor Ron DeSantis in June. Specifically, Senate Bill 1532 amends Fla. Stat.
A Florida independent contractor agreement outlines a client's expectations of an independent contractor performing a service. The agreement allows the client to specify their terms and conditions.
Employers and their HR teams need to know which kind of staff they are hiring to offer a legal employment contract to each kind of team member. An independent contractor in the state of Florida is defined as someone who: Reports payment of $600 or more per year on the IRS form 1099.
Subcontractors are hired to take on specialized jobs and tasks. Where an independent contractor is a generalist, a subcontractor is a specialist with advanced proficiency in a particular field of construction, like masonry, plumbing, heating, painting, electrical work, or carpentry.
HB 623 – General, Building, and Residential Contractors On April 15, 2024, Governor DeSantis signed HB 623 into law. The law protects new home buyers by requiring builders to provide a mandatory builder warranty for newly constructed homes.
Form W-9. If you've made the determination that the person you're paying is an independent contractor, the first step is to have the contractor complete Form W-9, Request for Taxpayer Identification Number and Certification.
Independent contractors are not entitled to benefits from the company, such as health insurance or retirement, and are ineligible for unemployment benefits. Independent contractors are even exempt from employment discrimination laws governing wages and hours worked.
F.S. §489.113(2) provides that subcontractors working within the scope of the contractor's license are exempt if a state license is not required.
Minor repairs include but are not limited to: Small electrical work and plumbing work is allowed. Caulking and painting. Tile cleaning and repair. Basic yard work and maintenance. Minor carpentry. Replacement and repair of interior doors and windows.