Navigating Legal Considerations in Hiring and Outsourcing: A Guide for Modern Businesses - Legal Reader

Navigating Legal Considerations in Hiring and Outsourcing: A Guide for Modern Businesses - Legal Reader

As businesses increasingly operate in a borderless digital world, the need for careful legal planning in workforce strategy becomes more critical than ever.

Hiring independent contractors? Make sure you’re doing it right

Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among them, ensuring these workers are properly classified for federal tax purposes is crucial. Misclassifying employees as independent contractors can result in expensive consequences if the IRS steps in and reclassifies them. It could lead to audits, back taxes, penalties and even lawsuits. Understanding …