Think hiring 1099 contractors instead of W2 employees saves you money? You’re not alone—but getting this wrong can cost you big time.
In this episode of Kaizen Time, part of the Blood, Sweat & Business podcast, we break down the real differences between contractors and employees—especially for industries like construction, restaurants, bars, and retail, where misclassification is all too common.
Many business owners misclassify workers to avoid paying benefits, unemployment taxes, or workers' comp. But what seems like a money-saver now can lead to fines, lawsuits, and serious headaches later. We’ll walk you through how to get worker classification right so you stay compliant and avoid costly mistakes.