Many small businesses believe they can avoid paying payroll taxes by hiring people as contractors. You might want to rethink that strategy. This video provides an explanation of the IRS guidance on this important topic.

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IRS Guidance: https://www.irs.gov/businesses/small-businesses-self-employed/independent-contractor-self-employed-or-employee

IRS Behavioral: https://www.irs.gov/businesses/small-businesses-self-employed/behavioral-control

IRS Financial: https://www.irs.gov/businesses/small-businesses-self-employed/financial-control

IRS Relationship: https://www.irs.gov/businesses/small-businesses-self-employed/type-of-relationship