Employee or Contractor? How to determine the correct classification with tax goals in mind

For many business owners, properly classifying workers can make a significant impact in their tax implications or other business expenses such as social security payments.

When it comes to determining if a worker is an employee or independent contractor, understanding the key differences could help in reducing tax obligations and minimizing overpayment.

Review the scenarios and factors below to help determine if a worker is an employee or contractor.




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