Archive for February 2020

Distinguishing Between Independent Contractors or Employees – Don’t Let Mislabeling Cost You!

Independent contractor or employee?

Employers have several tax obligations related to their employees. The government expects employers to withhold income taxes and social security and Medicare taxes from their employees’ pay in addition to paying unemployment tax on their wages. On the other hand, employers have no tax obligations on payments they make to independent contractors. Whether or not…

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