Employee or contractor? Ensuring your worker classification is
correct  In today's economy, many Americans are happy to have a
job and therefore may pay little attention to how their employer
classifies them on federal forms. While it is an employer's
responsibility to abide by Internal Revenue Service guidelines
governing how workers are treated for tax purposes, it's still
critical for workers to also ensure they are being defined
correctly to earn the tax benefits they deserve or avoid
penalties and legal inquiries.  A worker is generally put into
one of two classes: Employee or independent contractor. An
employee has payroll taxes withheld from each payment, and is
generally eligible for benefits that may include access to
employer-sponsored healthcare, retirement benefits, vacation and
PTO, life insurance and unemployment benefits. In contrast, a
contractor does not have taxes withheld from each paycheck, and
must instead make quarterly payments to the IRS. Additionally,
these workers are not benefits-el