Self Made: NASE's Blog

Welcome to the Self Made. This is a blog focused primarily on the self-employed and micro-business and full of fantastic posts by not only our team of experts but by YOU!  We realize that there are many ways to help the small businesses out there which is why we invite other business minded individuals to post here and help the rest of the community as well.

Blog With Us!

blog-with-the-nase

Worker Classification [IRS Tips]

Sep 07, 2009
Posted by Molly Nelson - Determining the proper classification of workers can be a tricky proposition for many small-business owners.  Hiring workers as employees or as independent contractors can impact many aspects of operating your business - the amount of taxes you pay, the amount of taxes you withhold from workers' paychecks, what documents and information workers must provide to you, what tax documents you must give them - and a wrong classification could mean major headaches at tax time. 

Don't forget to enjoy your last bit of summer, but be sure to check out these tips on classification from the IRS after your Labor Day clambake!

Courtesy of NASE.org
https://www.nase.org/about-us/self-made-nase-blog/self-made/2009/09/07/Worker_Classification_IRS_Tips