Employees and Wages
I should fire you, but I don’t believe in mixing business with pleasure.
Hiring employees is always a major decision for a small business owner. Many owners outsource some work to independent contractors and other businesses. Still, it is possible you may unwittingly have an employee when you mean to have a contractor.
This chapter focuses on the basics of having employees. We first look at what an employee is and then look at independent contractors. Then we examine the allowed methods to get money from your business based on the type of business entity you have. We look at the special rules that exist in regard ...