Prompt 1: Contracted Labor
Discuss some differences between employees and self-employed contractors. What does the FLSA have to say?
If your folks were auditing a company’s payroll, what would you look for in deciding whether a worker is an independent contractor or an employee? What difference would it make to you as the auditor?
Prompt 2:
Employers will work as government agencies to collect tax withheld from employees and pay to the government on a regular basis. In addition, employers are required to file payroll related tax returns on time. What will happen to those employers who fail to carry out these responsibilities?
