Misclassifying an employee as an independent contractor can result in considerable tax liability imposed on an employer.

Name: Misclassifying an employee as an independent contractor can result in considerable tax liability imposed on an employer.
Brand: Quizplus
Rating: 4.8 (49 reviews)

Question

Quizplus · Accepted Answer

If an employee is misclassified as an independent contractor, the employer may be responsible for FICA, federal and state income taxes, and workers' compensation premiums, and may be subject to penalties and interest on unpaid taxes.

Misclassifying an Employee as an Independent Contractor Can Result in Considerable