Aug 29, 2016 | Nonprofits, Small Business
Many businesses use independent contractors to keep payroll taxes and fringe benefit costs down. But using outside workers may result in other problems. The IRS often questions businesses about whether a worker should be classified as an employee or independent...
Sep 9, 2015 | Small Business
As you are aware, businesses are required to file correct information returns (1099s) to report certain payments to vendors including rents, royalties, interest, non-employee compensation, and other income. This requirement does not apply for payments made to...