Employees or Independent Contractors? Here's How to Differentiate

By Wiss, Posted in Outsourced Accounting & Tax

By Donna Woronka You think you’ve hired an independent contractor, but the IRS or State Department of Labor may see that you’ve hired an employee. If there’s any uncertainty, chances are good that you’ll lose that argument, and at a high cost in back payroll taxes and penalties. That’s why it’s critical that you understand the differences between the two legal classifications and that you keep your independent contractors independent.  Here are some questions to he... read more.