From Uber and Lyft drivers to New York nail salon technicians, the media has been highlighting questions regarding correctly classifying workers. Are they independent contractors? Or are they employees? The answer can determine how much risk businesses can transfer to workers. Also hanging in the balance are overtime pay, worker’s compensation, and unemployment insurance … [Read more...]
Employees or Independent Contractors? The IRS Is Watching
Do you use independent contractors to provide services to your business? They might not be independent contractors according to IRS rules. In fact, they might be considered employees by the IRS, and you could get into trouble if you're not treating them as employees complete with necessary payroll tax payments, Medicare and Social Security withholdings, and all of the other … [Read more...]