Businesses have some pretty treacherous waters to navigate when it comes to regulations and compliance for employees. The initial classification of the worker as an employee or independent contractor is of the utmost importance, as it determines the forms and taxes you need to complete. The misclassification of an employee as an independent contractor could have significant and costly ramifications for your business. A CPA is an invaluable tool to help you navigate through these choppy waters safely to the other side. The video below From the American Institute of CPAs (AICPA) offers some insight into this complicated issue: Independent…
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