How is an independent contractor different from an employee?

Answer The IRS classifies independent contractors as self-employed. If an employer improperly classifies an employee as an independent contractor, the employer may face IRS-imposed fines.Tax Responsibilit... Read More »

Top Q&A For: How is an independent contractor different from...

How to Tell the Difference Between an Employee and an Independent Contractor?

Employers must beware of the federal and state crackdowns on the use of independent contractors to avoid payroll tax problems and employment tax audits. But how do you distinguish between independe... Read More »

In Virginia can a Contractor that works for Verizon make an employee pay for damages if that employee was told he did not need liability insurance?

You will need to call your local Workers Compensation Commission and find out if there is anything you can do. In South Carolina you would have to be employed by this person and drawing a paycheck ... Read More »

How to Be an Independent Contractor?

So you've been working for a contracting company for years, and you're sick and tired of working for someone else. One morning, you wake up, quit your job, and think, "Gee, I want to become an Inde... Read More »

How to Pay Tax As an Independent Contractor?

One of the benefits of being self-employed is the freedom to choose your work schedule, but a major drawback is the responsibility of calculating and paying your own self employment income taxes, a... Read More »