October 14, 2014
In light of our just-celebrated Labor Day, I thought I’d share a little something about the dangerous games that small business owners play when, in essence, they hire employees and pay them as independent contractors. From Shakespeare’s Romeo and Juliet, 1594: What’s in a name? that which we call a rose By any other name would smell as sweet . . . . Call the person whatever you like, but if you control much of what they do, how they do it, when they do it, and with what tools they do it, you’ve probably just hired an employee. And the penalties that befall a company sanctioned for not paying in the appropriate employment taxes are nasty. As Rush Nigut points out in his post, Employees vs. Independent Contractors, many businesses treat employees as an independent contractors for two main reasons: (1) they want to save money on taxes, red tape and benefit coverage; and (2) they don’t fully understand the distinction between employees and independent contractors. This is not an area to play fast and loose…
Continue ReadingMeagan and I were sitting in a fresh sleek café that opened near the Museum of Modern Art. Over a Sauvignon Blanc (mine) and an appletini (hers), Meagan gleefully shared she was officially “in transition.”…
Read MoreI’ve had a lot of experience with business partners. Some I’ve chosen more consciously than others. Like dating in college, some business partners you end up with because you weren’t thinking clearly (how much did…
Read MoreYou may roll your eyes and picture your grandmother waggling her finger in your face saying, “An ounce of prevention is worth a pound of cure, young lady,” but she was right. How simple would it…
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