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A key component of running a business is the staff you employee. An area small businesses often overlook is whether or not their staff are contractors or employees. Schneider & Stone can help you make sense of the IRS Guidelines.
Facts that provide evidence of the degree of control and independence fall into three categories:
Businesses must weigh all these factors when determining whether a worker is an employee or independent contractor. Some factors may indicate that the worker is an employee, while other factors indicate that the worker is an independent contractor. There is no “magic” or set number of factors that “makes” the worker an employee or an independent contractor, and no one factor stands alone in making this determination. Also, factors which are relevant in one situation may not be relevant in another.
Learn more with the IRS article “Independent Contractor (Self-Employed) or Employee?“