Beware of How You ‘Treat’ Your Music Teachers

Posted October 11, 2012 in Finance
Time: Fri January 25, 3:30 pm

No, we’re not talking about whether you’re nice to them&we’re talking about whether they are viewed as “employees” or “independent contractors” in the eyes of the IRS and other tax authorities.  Many music retailers believe they can lower labor costs and eliminate benefits by treating their music teachers (and other workers, like repair technicians) as independent contractors.  While this may be true, store owners need to be aware this has become quite the hot topic in recent years, as the wrong classification can have severe and/or irreparable financial consequences!  Come join music industry accountants Alan Friedman and  Daniel Jobe to educate you on the “do’s & don’ts” of how to treat your music teachers.