Tax
Aug. 3, 2017
Payroll companies ensure taxes are paid... usually
It helps to have a payroll company to ensure that your payroll taxes get pain — that is, until the payroll company itself starts stealing the money.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
When you have employees, you must withhold taxes from their pay, file payroll tax returns, and promptly remit the tax money to the IRS. That is one of many reasons that some companies prefer paying independent contractors. The hassle is less, and you might even avoid the agency liability that exists when your employees commit torts or other actions that cause the employer liability.
Of course, the line between independent contractors...
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