This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Liabilities are a fact of life for a business owner.

If you’re a business owner with workers, it can be tempting to classify them as “independent contractors” rather than employees. Independent contractors are exempt from minimum wage and overtime rules ...

Payroll liabilities are payroll-related fees your company owes. Learn payroll liability types, how they differ from payroll ...