Today, we're going to talk all about relationships... and YES, this is still the Keep What You Earn podcast. I'm talking about relationships in your business between you and the folks that work for you. We're going to discuss the differences between employees and contractors and how the IRS classifies them. Remember that there are several Federal and State labor laws that need to be followed based on the type of worker you hire, so apart from the tax considerations, you also want to consult with an attorney or HR professional well versed in these requirements before making any final hiring decisions.

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The information contained in this podcast is intended for educational purposes only and is not individual tax advice. Please consult a qualified professional before implementing anything you learn.