Contracting Work Is Not Always Best Deciding the Status of an Employee Can Be Complicated

Summary


Small business owners often try to save money - especially in the early going - by using independent contractors instead of hiring full-time workers.

Using independent contractors, or "contract workers," means the business doesn't have to withhold taxes, pay Social Security or Medicare, or meet numerous other employer responsibilities.

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Contracting Work Is Not Always Best Deciding the Status of an Employee Can Be Complicated

Many such arrangements, however, will wilt under IRS scrutiny, advises L-A SCORE counselor Robert Pacios. "The strategy...

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