When considering tax planning ideas related to employment status, which of the following factors is a reason to favor classifying workers as independent contractors? a.The company can avoid unreimbursed business expenses. b.The company can avoid payroll taxes and circumvent a myriad of state and local laws. c.The company can avoid having services performed by more than one party. d.The company can avoid payroll taxes but not circumvent a myriad of state and local laws. e.The company must furnish tools or equipment or a place to work.

When considering tax planning ideas related to employment status, which of the following factors is a reason to favor classifying workers as independent contractors? a.The company can avoid unreimbursed business expenses. b.The company can avoid payroll taxes and circumvent a myriad of state and local laws. c.The company can avoid having services performed by more than one party. d.The company can avoid payroll taxes but not circumvent a myriad of state and local laws. e.The company must furnish tools or equipment or a place to work.

Personal Finance

13th Edition

ISBN:9781337669214

Author:GARMAN

Publisher:GARMAN

Chapter4: Managing Income Taxes

Section: Chapter Questions

Problem 2LTAI

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