As you begin to hire workers for your cannabis business, it’s important that you classify them properly as employees or contractors, because if you don’t then you could be opening yourself up to huge issues down the road.
In this video, Jim will cover:
- Considerations Around Worker Classification
- Paying Payroll in Cash
- Payroll Taxes
- Issuing 1099 to Contractors
- Time Allocation Tips for Mitigating 280E
If you need help with employee or contractor payroll accounting, then please reach out to us at: https://greengrowthcpas.com/get-started or give us a call at 800-674-9050.