Independent Contractor or Not?
The GAO estimates that 38% of the employers the IRS examines have misclassified workers as independent contractors. The IRS is responsible for determining whether an individual who provides services to a business is an independent contractor or an employee. Although many independent contractor relationships begin at the request of the service provider, this is no […]
SBA issues details for Paycheck Protection Program loans
The CARES Act payroll loan program went into effect this week, through the SBA. Our team has been asked to provide a few clients with the information needed to apply. Here are the general basics of the program: You can obtain a loan for up to two months of your average payroll costs, plus 25%. […]