Insurance News
People such as doctors, dentists, veterinarians, lawyers, accountants, contractors, subcontractors, public stenographers, or auctioneers who are in an independent trade, business, or profession in which they offer their services to the general public are generally independent contractors. However, whether these people are independent contractors or employees depends on the facts in each case. The general…
It is critical that business owners correctly determine whether the individuals providing services are employees or independent contractors. Generally, you must withhold income taxes, withhold and pay Social Security and Medicare taxes, and pay unemployment tax on wages paid to an employee. You do not generally have to withhold or pay any taxes on payments…
Does your company buy or ship products to or from other countries? If so, then you probably need to know about Import Export Insurance. What is Import Export Insurance? With the advent of things such as Fulfilled by Amazon (FBA) and other online ventures, imports of products have become commonplace, even for small businesses. Larger…
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