ESB - Entrepreneurship and Small Business Certification Practice Test
ESB ESB - Entrepreneurship and Small Business Human Resources and Team Building Questions and Answers 2
What is the key tax distinction between an employee and an independent contractor?
Select your answer
A
Contractors must work on-site while employees can work remotely
B
Employees have income and payroll taxes withheld by the employer; contractors pay their own self-employment taxes
C
Contractors always earn higher compensation than employees doing the same work
D
Employees must sign non-compete agreements while contractors are exempt
Hint