Independent Contractor VS Employee (A Must-Watch for Business Owners!)

Play Louder
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404 بار بازدید - پارسال - In this video, I detail
In this video, I detail the differences between hiring an Independent Contractor and an Employee and why this distinction is important to stay in compliance with state and federal requirements. It's a must-watch for any business owner!

As an employer, you must determine which tax classification to use for each new hire. Sometimes, the distinction is easy, but it's challenging to make the right call.

By the end of the video, you'll have criteria to define an independent contractor (a.k.a "freelancer" or "1099er") in contrast to an employee or "temp employee."

I also briefly cover the W-2 vs. W-4 vs. W-9 vs. 1099 forms.

For a more thorough look at the tax forms W2, W4, W9 and 1099, check out this episode: W2, W4, W9, 1099 Tax Forms: What's th...

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Play Louder is a financial management firm providing independent CFO services for businesses and high-income individuals. The Play Louder blog also serves as an invaluable resource to help individuals and business owners increase their net worth and plan better for their future.

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DISCLAIMER: This video and description may contain affiliate links, meaning I'll receive a commission if you click on one of the product links. This helps support the channel and allows me to continue to make videos like this. I will never support or push a product I don't believe in. Thank you for the support!

Joe DiSanto is not a licensed CPA or Attorney. The content on PlayLouder.com is for informational and educational purposes only and should not be construed as professional financial, tax, or legal advice. Consult a licensed attorney, tax, or financial advisor if you need such advice.
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