Publication 334
taxmap/pubs/p334-004.htm#en_us_publink100025068If you have employees, you will need to file forms to report
employment taxes. Employment taxes include the following items.
- Social security and Medicare taxes.
- Federal income tax withholding.
- Federal unemployment (FUTA) tax.
For more information, see Publication 15 (Circular E), Employer's
Tax Guide. That publication explains your tax responsibilities as an employer.
To help you determine whether the people working for you are
your employees, see Publication 15-A, Employer's Supplemental Tax Guide. That
publication has information to help you determine whether an individual is an
independent contractor or an employee.
 | If you incorrectly classify an employee as an independent
contractor, you may be held liable for employment taxes for that worker plus a
penalty.
|
An independent contractor is someone who is self-employed. You
do not generally have to withhold or pay any taxes on payments to an independent
contractor.
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