FYI

Posted By: babe on 2006-07-09
In Reply to: where does that information come from? - curious

Also informed by their insurance company that they are liable for the work that an IC does but that their insurance do not cover that work under liability policies as ICs are not employees.

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No More Independent Contractors - babe
- I heard this as well... - me
- further info re: SB2399 and IC status - My take on it
  - sounds like Illinois - me
- I incorporated but only after making over 50K year - My take on it
- I work for a company in NY and they had to do this a few years ago. I think sm - AnonEMiss
  - homeowners ins doesn't cover this? *curious* - I even have an HMO for......sm
- I am IL IC and have heard nothing about this. Company is in MO. - nm
- Where did you hear that from? State of - Florida made all
  - I know what you mean- - babe
- I'm an IC but a sole proprietorship..sm - what state are you from *curious*..sm
  - State - babe
    - Thanks Babe for responding....sm - my CPA set me up 10 years ago...sm
- where does that information come from? - curious
  - FYI - babe
    - no liability on IC's because MT's dont' have liability - My take on it
      - Suing MTs - blahblahblahblahblah
  - ICs - babe
    - thanks - curious
      - I think you might want to read up on...nm - sole proprietorships in your state...nm
      - I think you are right! - babe
        If one's biz is small I do not think you can....nm - incorporate.........not sure of course...nm
        Small Business - babe
        It easy being an S-corp - My take on it
        That was me you responded to....sm - my CPA set me up 10 years ago...sm
        What you find out- - babe
        IF this is true, it could be because IRS - thinks a lot of
        May I be nosy and ask what biz your husband... - is in? Curious only....thanks.....nm
        Yes, I will Babe....and also....sm - my CPA set me up 10 years ago...sm

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