Podcast 378: The Danger With Classifying 1099s: Update with Philip Siegel

Welcome! There are lots of changes and many questions about the new laws affecting our industry right now. Today’s episode is the follow-up to Episode 376 where Philip Siegel helped clarify the new laws in effect regarding the classification requirements for 1099 and W-2 employees. Philip is our trusted expert labor attorney and the go-to guy for this topic. He joins us to give more information and warnings that every contractor should take seriously. Join us to learn more!

What you’ll hear in this episode:

• An overview of the 1099 vs. W-2 issue (the new law under the Biden administration compared to the former policy under Trump)
• Philip’s observations about wage and hour audits, OSHA investigations, and a whopping $1.2 million fine
• Two hotspots for contractors: installation crews and salespeople
• Philip’s advice about the factors to consider in classifying employees correctly
• Don’t ignore the facts!
  • Fact #1: The chances of getting caught and facing hefty fines are increasing!
  • Fact #2: Independent contractors must be free to work for other companies and reject work (to be classified as such)
• Understanding noncompete and nonsolicitation provisions–and what has changed, thanks to the FTC (Check out Episode 114 with Philip: How to Prevent Employee Poaching By Your Competitors.)
• Why should an employer have a non-compete provision?

Resources

Connect with Philip Siegel: 404-469-9197, Email, and Website

Set up a FREE strategy call with Dave and get a few tips on how you can improve your business:  https://davesullivan.as.me/free-strategy-call

Interested in learning more about our 1-on-1 coaching, our mastermind groups, or our fractional professional services? Email me at [email protected]. or send me a text at (510) 612-1450.

No Plan? No problem. Download our FREE 1-Page Business Plan For Roofing Contractors https://theroofershow.com/plan.

Vetted Sponsors Of The Roofer Show

Have RUBY answer your phones and tee up the sale by leaving a great first impression. Use this link to get up to $150 off your first month’s service: http://get.ruby.com/theroofercoach.

Automate your Follow-Up and close more sales with PROLINE. Get started for FREE at https://useproline.com/. Use promo code “Dave50” for $50 off your first month’s service!

Our newest sponsor, SMA Support Services, fills a need by empowering contractors to simplify and optimize their operational processes with virtual assistant and call center services. Explore what a virtual assistant can do for your contracting business. Check out SMA Support Services! (Tell them Dave and John sent you.)