FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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  • The IRS spends considerable time and effort trying to distinguish whether a person is an employee or an independent contractor.  Why?
  • What standards does the IRS use to determine whether a person is an employee or independent contractor?
  • If self-employment tax and social security tax/medicare tax are equal in amounts, why does the IRS care whether a person is an employee or independent contractor?

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