FINANCE FC-101-From a taxable income perspective, is it better

by | Mar 18, 2020 | Uncategorized

  

All original work please. 6 Sentences per each answer would be good. Thank you.

1.From a taxable income perspective, is it better to be an employee or an independent contractor? Why? How is the determination between what constitutes an employee and an independent contractor made?

2. Explain some of the criteria the IRS uses to distinguish between an independent contractor and an employee.

3. List some of the consequences of being characterized as an independent contractor instead of an employee.

  

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