Leave a comment

IRS Tips on Employee v. Contractor Determination

On August 21, 2009, the IRS provided the top 10 things every employer should know about hiring people as independent contractors versus hiring them as employees.  The determination of whether an individual that is working for a business is an independent contractor or an employee influences the amount of tax paid by the business pays as well as the amount of tax to be withheld from paychecks.  Additionally, the determination can impact how much additional cost the business must bear, the documents and information workers must provide to the business and the tax documents the business must provide to workers.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s

%d bloggers like this: