what is the difference between an independent contractor and an employee?

Realtors are self-employment income and are private contractors they usually deal with some issues. First, we want to look at the difference between self-employed consultant or outside contractor employee. Employee is when punch in a punch card and at the end of the two weeks you get a paycheck. When you received that paycheck your federal holdings, Medicare and social security is taking out and the employer is providing mostly all items an employee would need. However, an independent contractor they are both the employee and employer they are responsible for what is called self-employment taxes which is your federal and Medicare. Stay tune to hear more! Thanks for watching! Subscribe to our channel to get the updated market trends each month for Las Vegas, and other great real estate tips and news! Tune in every Saturday at 11am to 101.5FM & 720AM, KDWN, The Talk of Las Vegas to hear Las Vegas Real Estate Now! Call Harvey for all of your Real Estate needs: (702) 203-1165. Check out radio show website: https://lvrealestateradio.com/ Check out real estate website: https://brownblankfeld.com/