Should I Hire Someone as an Employee or Independent Contractor?

The distinction between treating someone as an employee instead of an independent contractor is significant.

For an independent contractor, for example, nothing is withheld from the payments made to the independent contractor for a number of payroll related taxes that would otherwise have been withheld if the payee had been treated as an employee. Within the employer/employee relationship, the employer is liable and responsible for paying for a variety of payroll related taxes such as Social Security and unemployment tax that are avoided by treating the payee as an independent contractor.

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Capital Budgeting

Capital budgeting is a quantitative decision-making approach for evaluating and choosing between one or more investment projects under consideration by an organization. Through the use of the capital budgeting structured approach, the organization attempts to identify the profitability and risk complexion of an investment alternative.

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An Accounting System Implementation – Overview

An accounting system is a collection of interrelated processes designed to accumulate, organize, and report on an organization’s transactions. The ultimate goal of an accounting system is to generate reports based on this information to support management decision making. These reports help management make well-informed decisions.

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Beta Software

Within the world of software development the term “beta” refers to the fact that the software is still under development and is not the final version of the software.

Why does a software manufacturer offer beta versions of their software to the general public?

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