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Managing Accounts Payable

New Ruling Spotlights Relief From Worker Status Tax Woes

April 2007

Main article

The issue of whether a worker is an employee or an independent contractor has irked AP managers for a long time. Companies have been hit with millions of dollars in back tax bills for misclassifying employees as independent contractors. Companies must withhold employment taxes on wages paid to employees—but there's no withholding on payments made to independent contractors.

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April 2007 Table of Contents [ toggle snippets ]

  • MAP April 2007 (full PDF issue)
  • ACFE Report Points to Ways to Fight AP-Related Insider Fraud
  • 12 Steps to a Better AP Policies & Procedures Manual
  • New Ruling Spotlights Relief From Worker Status Tax Woes
  • Is Web-Screening AP Job Candidates a Good Idea?
  • MAP Calendar (April 2007)
  • MAP News Briefs (April 2007)
  • MAP Future Issues (April 2007)
  • AP Managers Forum: Paperless Routing Takes Heat Off AP
 

Managing Accounts Payable Archives