One of the most common and costly payroll compliance mistakes employers make is misclassifying workers. As businesses grow, roles evolve, and flexible work arrangements increase, the line between employee and independent contractor can feel blurry. That is why a...
Employers are generally required to withhold income taxes, withhold and pay Social Security and Medicare taxes, and pay unemployment tax on wages paid to an employee. Alternatively, employers are not generally required to withhold or pay any taxes on payments to...
Who counts as an employee versus an independent contractor may be about to change. A DOL proposal suggests revamping employee classification, reclassifying workers who are economically dependent on a company as employees entitled to more benefits and legal...