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Tag: Business Tax

Independent Contractor: A New Definition?

The definition of an independent contractor vs. an employee may be changing soon. A Department of Labor (DOL) proposal suggests revamping employee classification, reclassifying workers who are economically dependent on

The Tax Implications For Employees Who Receive Tips

In many industries, employees receive tips as part of their compensation. These businesses include restaurants, hotels, and salons. Tip DefinitionTips are optional payments that customers make to employees who perform