Contract Employees

As a small business owner you are always looking for a way to save money and improve cash flow. One method you may use is to avoid payroll taxes by using contract employees instead of w-2 employees. However you have to be very careful if you choose this method. The IRS has very strict rules governing the use of contract laborers. You may find these detailed at https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee. (more…)