Debra A. Simmons, CPA

Archive for the ‘Business Info’ Category

Employee vs. Independent Contractor – Ten Tips for Business Owners

In Business Info on September 7, 2009 at 9:35 pm

If you are a small business owner, whether you hire people as independent contractors or as employees will impact how much taxes you pay and the amount of taxes you withhold from their paychecks. Additionally, it will affect how much additional cost your business must bear, what documents and information they must provide to you, and what tax documents you must give to them.

Here are the top ten things every business owner should know about hiring people as independent contractors versus hiring them as employees.
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