If there is one thing that consistently gets small business owners in trouble with state authorities it’s their classification of whether an individual is an employee or independent contractor. They reason that someone who works with them part time or not at their location can be classified as an independent contractor.Jamie Lizotte on Classifying Employees and Contractors
On the Small Business Radio Show this week, Jaime Lizotte, Brand Manager at efile4Biz discusses how this analysis is inaccurate and if they are wrong, it can end up costing the small business owner a lot of money. When violations are reported by independent contractors, businesses could be required to pay back wages, taxes and insurance premiums retroactively for years.
According to Jamie, this is such a big issue for small business owners because there is a long list of government agencies at state and federal agencies that are interested in getting the classif