There are two types of employees – "exempt" and "nonexempt." An exempt employee is not entitled to overtime pay and other protections according to the Fair Labor Standards Act (FLSA). Nonexempt employees must be paid minimum wage, overtime, and provided b… There are two types of employees – "exempt" and "nonexempt." An exempt employee is not entitled to overtime pay and other protections according to the Fair Labor Standards Act… https://www.aatrix.com/news/2023/03/how-avoid-misclassification-exempt-vs-nonexempt-employees/
You probably know that it costs less to use an independent contractor than to have an employee on staff. The reason: the cost of payroll taxes, along with insurance and benefits, apply only to employees. But don’t think you can simply reclassify a worker … Myth: Transforming Employees Into Independent Contractors To Save On Payroll Taxes Is Easy Reality: You probably know that it costs less to use an independent contractor than to… https://www.aatrix.com/news/2022/09/myth-about-payroll-taxes-transforming-employees-independent-contractors-save-payroll-taxes-easy/