Employee Status Is Always Better Than Independent Contractor Status for a Taxpayer

question 173

True/False

Employee status is always better than independent contractor status for a taxpayer because the employee is responsible for paying the employee portion of the FICA taxes.

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Definitions:

Rationality

The quality of being based on or in accordance with reason or logic; decision-making that aims to optimize outcomes.

Creative Imagination

The capacity to generate innovative ideas, solutions, or artistic expressions.

Judgment

The ability to make considered decisions or come to sensible conclusions.

Solution Finding

The process of identifying and implementing ways to solve a problem or address a specific challenge.