Branch Reciprocity Policy. Members are expected to purchase a membership at the branch they intend to use most of the time. Members may use all branches within the Philadelphia Freedom Valley YMCA. We reserve the right to transfer a membership if a member violates the policy. The Y will notify the member 30 days in advance of the transfer.
DEFINITION of 'Statutory Employee'. A class of employee that is permitted to deduct work-related expenses on Schedule C instead of Schedule A. Statutory employees are usually salespeople or other employees who work on commission. Statutory employees are independent contractors under the IRS's common-law rules.
If you are an officer of a small corporation or LLC, you are by law deemed to be a statutory employee. You must have federal and state employment and withholding taxes taken from your paycheck; the employer-the corporation or LLC-must pay the employer's portion of these taxes as well.ot likely. The overwhelming majority of people who work as officers of a corporation or an LLC are deemed to be employees under the law. That's what being a statutory employee is all about. Both California and federal law say you must be an employee.