Article: Should I Hire An Employee Or A Contractor?
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Should I Hire An Employee Or A Contractor?
Are you confused about whether you should hire a contractor vs employee? If so, you're not alone. Knowing when it's time to hire a contractor instead of an employee is one of the most confusing aspects of employment for many businesses. Below we have provided some tips to help you sort through the confusion regarding independent contractor vs. employee hiring.
One of the most critical aspects of understanding contractor vs. employee hire is in understanding each are classified. If you should incorrectly classify someone as either one or the other, you could held liable for employment taxes as well as a penalty by the IRS.
The basic rule of thumb to remember when trying to determine whether someone is a contractor or not is by asking yourself whether you have...
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