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Description:
This course explores the key differences between hiring a contractor versus an employee in a business setting. It covers legal considerations, tax implications, benefits, and drawbacks of each option to help individuals make informed decisions when staffing their organizations.
Key Highlights:
- Legal distinctions between contractors and employees
- Tax implications for contractors and employees
- Benefits and drawbacks of hiring contractors vs. employees
What you will learn:
- Understanding Legal Distinctions
Learn how to differentiate between contractors and employees based on legal criteria.
- Tax Implications
Discover the tax responsibilities associated with hiring contractors and employees.
- Comparing Benefits and Drawbacks
Evaluate the advantages and disadvantages of choosing contractors or employees for your business.
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