Ep. 5: The Difference Between an Employee and a Contractor, Why It's Important, and How to Protect Your Business

On this episode of the Planning for Success Podcast, Paul discusses the difference between an employee and an independent contract, the factors used to determine which is which, why it's important, the liability associated with misclassification of workers, and how to avoid misclassification in your own business to avoid hefty fines and personal liability. 

Click here for the IRS guidance on point, mentioned in the podcast. 

Music Credit: "Something Elevated" by Broke for Free.