Minnesota SF2306 amends the centralized work reporting system to include independent contractors and payors.

Minnesota SF2306 amends the centralized work reporting system to include independent contractors and payors. The bill requires employers and payors to report the hiring of employees and independent contractors to the commissioner of children, youth, and families. Independent contractors include those who perform services for compensation of $600 or more per year. Payors must report independent contractors to whom they make payments that require the filing of a 1099-MISC report. Failure to report results in a notice of noncompliance and potential civil penalties.

Minnesota SF2306 amends the centralized work reporting system to include independent contractors and payors.

Minnesota SF2306 amends the centralized work reporting system to include independent contractors and payors. The bill requires employers and payors to report the hiring of employees and independent contractors to the commissioner of children, youth, and families. Independent contractors include those who perform services for compensation of $600 or more per year. Payors must report independent contractors to whom they make payments that require the filing of a 1099-MISC report. Failure to report results in a notice of noncompliance and potential civil penalties.