Proper worker classification—employee or independent contractor—is essential for any business to avoid costly fines, back taxes, and legal issues. The IRS, Department of Labor (DOL), and state agencies each have unique standards, often focusing on factors like control, economic dependence, and the nature of the work performed.
As the year comes to a close, it's time to organize your finances and prepare for a fresh start in the new year. Whether you're managing personal finances or running a business, tackling these year-end tasks will ensure you're ready to hit the ground running in January.
Say goodbye to tax season stress with Angolano & Co's innovative Canopy digital portal. From effortless document uploads to real-time updates and seamless communication, Canopy streamlines every step of the process, giving you more time to focus on what truly matters.
Learn about our Financing Assistance and Advisory Services, designed to support your business at every stage of its financial journey.
Proper worker classification—employee or independent contractor—is essential for any business to avoid costly fines, back taxes, and legal issues. The IRS, Department of Labor (DOL), and state agencies each have unique standards, often focusing on factors like control, economic dependence, and the nature of the work performed.
