Subcontractor or Employee? Many smaller companies make the mistake of paying a worker as a subcontractor when in truth, the worker is legally considered an employee. This is a top audit target of the IRS . Here are a few of the biggest mistakes that a business owner can make
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Dr. R was a physician whose spouse owned a small business. Her attorney advised her not to file a tax return until all the data from her husband’s business were compiled. He also advised her that it was illegal to file a return with incomplete or inaccurate information. She found
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