Please, Answer The Following Questions And Give A Broad Explanation: 1. What Are The Tax Rules That Determine If An Independent Contractor Is An Employee? Why Would A Business Want To Have Independent Contractors And Not Employees For Tax Purposes? Find A Tax Case That References An Employer Being Forced To Reclassify Independent Contractors As
Please, answer the following questions and give a broad explanation:
1. What are the tax rules that determine if an independent contractor is an employee? Why would a business want to have independent contractors and not employees for tax purposes? Find a tax case that references an employer being forced to reclassify independent contractors as employees.
2. What is the difference between a defined benefit and a defined-contribution plan? Are they both treated the same way for tax purposes? What IRC sections reference these plans?