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Hiring Freelancers: Tips for Compliance
ARTICLE | April 21, 2025
Authored by Vasquez + Company
As the gig economy continues to expand, many businesses are exploring the advantages of hiring freelancers. Engaging independent contractors can be a strategic way to tap specialized expertise, reduce overhead expenses, and navigate changing market demands. However, maintaining compliance with federal and state guidelines is essential. Misclassifying workers or overlooking the finer details of labor regulations can lead to costly penalties and jeopardize vital elements of a company’s operations.
Read the full article here.
Proactive compliance is one of the strongest measures you can take to protect your business from costly disputes and potentially damaging audits. By understanding the nuances of workforce classification and setting clear, documented expectations with freelancers, you reduce your risk of regulatory conflicts and demonstrate accountability to both the government and your workers.
Our firm provides the information for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisers. Before making any decision or taking any action, you should consult a professional adviser who has been provided with all pertinent facts relevant to your particular situation. This article is not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided “as is,” with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.
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