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Independent Contractoremployee Status Determination Form

Independent Contractoremployee Status Determination Form

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Instructions and help about Independent Contractoremployee Status Determination Form

it's recording good afternoon my name is Andrew kasmin and I'm general counsel for member solutions today we'll be talking about something very important that affects the costs of operating your business and the taxes you pay that's classifying your workers as a business owner it's critical that you correctly determine the legal status of the individuals providing services for you such as your instructors or your program directors there are two main categories of workers workers can be either independent contractors or they are employees whatever that determination though it significantly affects the operating expenses for your business for employees you have to withhold tax income taxes and withhold and pay Social Security and Medicare taxes and pay unemployment taxes on the wages paid to the employee you don't have to do any of those things however for an independent contracting the first step in making this determination is knowing and

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