Wait! Are you an employee?

employee

The IRS and the Obama administration are making an effort to crack down on worker misclassification. Most employers would prefer to classify their workers as independent contractors in order to save on payroll taxes, benefits, insurance, and employment laws. However, there are things to consider when classifying a worker as an independent contractor. If you misclassify a worker, the IRS can treat the worker as an employee and then go after the employer for back taxes. When hiring staff, be sure to consult with a tax attorney.

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