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Section 530

Hiring independent contractors? Make sure you’re doing it right

Employees, Employment Tax, Federal Income Tax Filing, Independent Contractors, Small Business, Small Business Owners /

Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among them, ensuring these workers are properly classified for federal tax purposes is crucial. Misclassifying employees as independent contractors can result in expensive consequences if the IRS steps in and reclassifies them. It could lead […]

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Help ensure the IRS doesn’t reclassify independent contractors as employees

Employees, Federal Income Tax, Independent Contractors, Internal Revenue Service (IRS), Payroll Tax, Small Business /

Many businesses use independent contractors to help keep their costs down. If you’re among them, make sure that these workers are properly classified for federal tax purposes. If the IRS reclassifies them as employees, it can be a costly error. It can be complex to determine whether a worker is an independent contractor or an

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