If 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.
An independent contractor is someone who is self-employed. You do not generally have to withhold or pay any taxes on payments made to an independent contractor.
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