Overview of Federal Payroll Taxes and Information Reporting is brought to you by Lorman
Take the mystery out of payroll filing and reporting as well as the items you need to keep things tracked, organized, and timely.
This topic will provide you with an understanding of how to properly classify service providers, the federal (and some state) tax distinction between independent contractors and employees, appropriate tax information reporting and payments, and the punitive consequences for noncompliance with the applicable law.
