The IRS consistently warns taxpayers to not get caught paying ‘employees’ as ‘sub-contractors’. But believe it or not, the IRS, may be the least of your worries. There are 7 deadly results that could occur by trying to call an ‘employee’ a sub-contractor when it’s truly not the case.

There are facts and circumstances most commonly used to determine the difference between an employee and sub-contractor. It’s a 3 part subjective analysis and some facts may indicate that a ‘worker’ is an employee, while other factors indicate that the worker is actually a sub-contractor.

One of the potential risks of owning a small business and having employees, is the fateful day when they may get hurt while on the job.

Anyone who owns a home will inevitably need to deal with contractors and repairmen, but many do not know how to deal with contractors and, therefore, allow themselves to be taken advantage of due to lack of knowledge and experience.