Make sure you’re compensating them properly and according to the tax guidelines where your business operates. Whether you hire full-time employees, contractors or freelancers makes a big difference when it comes to payroll.A lawyer can help you draft a contract if you have any questions as to what should be included.
Contracts can outline everything from job descriptions and expected hours of work to the date of employment and salary details. Keep your records and documents in one place so you’re prepared for tax time.