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NEWS BRIEFS
 



Internal Controls

Fraud due to theft and embezzlement is an ongoing problem for business owners.  We would like to review with you some fraud prevention basics and guidelines for an effective system of internal control.

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NEWS BRIEF: Is an Individual you hired an Independent Contractor or an Employee?

 
By: Leah Freitas 

For any business owner it is crucial to determine whether the individuals who are helping you operate your business be classified correctly as either Independent Contractors or Employees. This question seems to come up often and the IRS provides several guidelines to help determine the correct classification of an individual.
 
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