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Independent Contractor verses Employee | Why It Matters

The IRS and state agencies are cracking down on employers who improperly classify workers. Not classifying workers correctly can cost a business significant amount if workers are reclassified as employees. Back taxes, penalties and interest charges can reach as high as $500,000. Our Best Practice Series: Independent Contractor verses Employee Outlines:

  • Why properly classifying workers is critical for every employer
  • Outlines the IRS “3 Factor Test”
  • Characteristics and issues for Employees and Independent Contractors

Employee verses Independent Contractor