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This podcast episode delves into the intricacies of employee models vs. subcontractor models within professional painting businesses. Daniel and Richard scrutinize the advantages and disadvantages of both employment models, underlining the necessity for business owners to properly classify their workers in compliance with IRS rules. Discussions revolve around IRS Common Law Rules for contractors that include behavioral, financial, and relationship aspects. Furthermore, the episode offers insight into potential legal ramifications if a contractor is incorrectly classified as an employee and vice versa, including the possible collection of payroll taxes and demands for social security or medicare taxes. The episode also shares stories from long-time painters and ponders over whether the best painters work for themselves or for others.
For being a loyal listener, I want to send you a copy of my new book Profitable Painter. Inside, I’ll show you the exact frameworks that have helped painting businesses save big on taxes, increase profits, and scale with confidence
Head over to profitablepaintercpa.com/book and grab your copy today. Don’t wait — this is my gift to you for being part of the Profitable Painter community.
By Daniel Honan, CPA5
1010 ratings
Send us a text
This podcast episode delves into the intricacies of employee models vs. subcontractor models within professional painting businesses. Daniel and Richard scrutinize the advantages and disadvantages of both employment models, underlining the necessity for business owners to properly classify their workers in compliance with IRS rules. Discussions revolve around IRS Common Law Rules for contractors that include behavioral, financial, and relationship aspects. Furthermore, the episode offers insight into potential legal ramifications if a contractor is incorrectly classified as an employee and vice versa, including the possible collection of payroll taxes and demands for social security or medicare taxes. The episode also shares stories from long-time painters and ponders over whether the best painters work for themselves or for others.
For being a loyal listener, I want to send you a copy of my new book Profitable Painter. Inside, I’ll show you the exact frameworks that have helped painting businesses save big on taxes, increase profits, and scale with confidence
Head over to profitablepaintercpa.com/book and grab your copy today. Don’t wait — this is my gift to you for being part of the Profitable Painter community.

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