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Please enjoy this guest post by Scott Callen and Jennifer Neumann from Foley & Lardner LLP
While classifying workers as independent contractors can result in substantial savings for an employer, the potential penalties for misclassifying a worker as an independent contractor can be significant. There are various legal standards, but the key factor in determining proper worker classification is the right to control the worker. [Read more...]
Enjoy this guest post from Doug Palmer, Founder of Palmer Financial.
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It’s that time again for “spring cleaning” of company financial records. For company pack rats, this can sometimes be major challenge. What to keep? What to store off site? What to destroy? Inevitably, most people will just throw their hand up in the air and decide to keep everything just one more year. Here are a few tips: [Read more...]
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We all grump and groan about paying taxes. But I don’t think it’s the taxes as much as it is the reporting. After all, if your business is paying taxes, that means you are probably making money. And that’s a good thing. It should make you smile. 
That’s why I was glad to get this reminder from Greatland about the top W2 and 1099 tax filing pitfalls to watch out for this tax season in my email box. Here’s what they had to say. [Read more...]
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