Independent Contractor or Employee?
Classifying workers appropriately is an important risk management activity for any business. According to the Texas Society of Certified Public Accountants, employers who misclassify employees as independent contractors may find themselves liable for back payments of employment taxes in addition to stiff penalties and interest payments. In some cases, an employer could be required to provide retroactive benefits, such as vacation pay and retirement plan contributions, to a misclassified worker..

Hiring Your Children is Good Business
It’s only July and the kids are already bored. Why not put them to work?