Employee Versus Contractor Classification

Employee Versus Contractor Classification

A new hire may look like an independent contractor on paper because they submit invoices or work remotely. But employee versus contractor classification is not determined by the label on an agreement, the worker’s preference, or the payment method alone. It depends on...
Common IRS Penalty Causes and How to Respond

Common IRS Penalty Causes and How to Respond

An IRS notice can be unsettling, particularly when the balance due is higher than the tax originally expected. Many IRS penalty causes are tied to deadlines, payment timing, or information that does not match the IRS’s records. The good news is that a penalty notice...