Change in Business Organization for Career Institute of America, Inc. (CIA)
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Added on 2019-09-22
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The CEO of CIA is looking for a change in the business organization from its current status of a nonprofit corporation formed as per the guidelines of s1901 of Delaware Uniform UNIN- corporated non-profit association Act. The key issues for the business currently relate to the formalities pertaining to the organization, paperwork and high fee payable, making it unviable. As regards the classification of workers are concerned, whether they fall under the category of IRS 20 Factor test, and can be designated as independent contractors instead of employees? The analysis suggests that formation of Limited Liability Company (LLC) would be more suitable option. The employment terms and conditions should clearly specify the relation between CIA and the contractors as the one that is independent where the employer has minimal control over the day to day activities of the trainers.
Change in Business Organization for Career Institute of America, Inc. (CIA)
Added on 2019-09-22
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