Monthly Archives: August 2013
Employee or Independent Contractor? Understanding Employee Job Classification
It is essential for any employer to understand the differences between an employee and an independent contractor. Employers have the following tax responsibilities with regard to each employee: Calculate and withhold income taxes Calculate and withhold Social Security and Medicare taxes The factors used by the IRS in determining whether an employee is an… Read More »
Understanding Guardianship Issues in Washington, DC
As part of any comprehensive estate plan, a durable power of attorney should be executed to designate an agent who can make health care and financial decisions on your behalf in the event that you become unable to care for yourself. In fact, each person over 18 should create a durable power of attorney… Read More »
Optimism Down Among Small Business Owners
Our firm has substantial experience assisting business owners and operators create and cultivate their enterprises. For small business owners, confidence in the government has bogged down with the sequestration and a new report suggests a decrease in small business optimism after several months of improvement. In July, the National Federation of Independent Businesses (NFIB)… Read More »