Top Small Business Question #9: Did You Hire An Employee or an “Independent Contractor”?
It’s a decision that our business clients often need to make when structuring their business, just like a corporate book or shareholder agreement. You’d be amazed how many folks don’t realize the disadvantages of mistakenly classifying an “Independent Contractor” as an employee. This mistake can cost thousands and even be considered criminal - so it’s important to get it right. Not only can the state fine you for the misclassification but, the employee will have