An employer is required to withhold income, Social Security and Medicare tax from their employee’s pay. They also pay half of ...
When you have a traditional job, your employer withholds part of your paycheck for taxes, but when you’re an independent contractor, you’re responsible for withholding tax money on your own. If you ...
There was a time when you had to explain to those in the 9-to-5 world what it really means to work from the couch or hang out in loungewear all day long; that’s no longer the case. Since the pandemic ...
Question: I have an employee that wants to convert to being paid as an independent contractor. I understand I can save money on payroll taxes and employee benefits if I agree to the change. Even ...
It is illegal to knowingly classify an employee as an independent contractor in order to avoid Affirmative Action recruitment efforts, and/or to avoid payments such as employment taxes and fringe ...