Bill, Jessica and Armando discuss the benefits of PWBC now being recognized as a 501 c3. They make no profit from being a business incubator. All they get is the satisfaction in knowing that they are creating jobs by ensuring that every new business that comes through their doors will leave with the knowledge necessary to thrive even in this struggling economy. They then dive into the common debate on 1099 employee’s (independent contractors) versus a regular employee. There are so many unknown dangers that can put a business in jeopardy if you treat a regular payroll employee as a 1099 employee. If for any reason they are to become disgruntled, they can sue your company for years of back pay and that alone can force you to shut your doors prematurely. Listen in on how to avoid these dangers and keep the IRS off your back.
Click on this link to watch:http://www.youtube.com/watch?feature=player_embedded&v=wVFERIgElFo
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