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Employee St Self Employed Ave

We’re often asked about this topic. Companies will bring a new person on board to perform professional services – are they employees or independent contractors?

The easy part is knowing how to treat each category with regard to payroll. An employee is on the company payroll and the company is required to withhold income taxes, withhold – and pay – Social Security and Medicare taxes and pay unemployment taxes on all employee wages. Not so for an independent contractor, who is technically self-employed and responsible for his/her own tax payments.

How can you differentiate your employees from your independent contractors? The IRS provides this simple guide to make that determination. We’re also happy to help. Give us a call at 215-723-4881 or contact us online.

BJMcNutt RetirementParty

Congratulations to our friend and colleague, BJ McNutt, who is retiring tomorrow, June 2nd. BJ has been with Canon Capital for 18 years, handling Accounts Payable and firm bookkeeping. She's looking forward to spending more time on her favorite pasttimes, golfing and skiing! We wish her all the very best as she enters this new chapter of life.

MemorialDay flagbanner

Canon Capital's offices will be closed in observance of Memorial Day on Monday, May 30th. Our regular business hours will resume on Tuesday, May 31st.

We wish you a safe and happy holiday!


Please join us in welcoming Jennifer Souder to Payroll Services, where she’ll be working with us part-time as a Payroll Processor. In addition to processing company payrolls, she’ll provide general payroll support to our department. A graduate of Allentown Business School, Jennifer’s past work in bookkeeping and accounts payable is a great asset to our team.

Jennifer lives in Telford with her husband and two children. She’s an active member of Grace Mennonite Church, where she plays the flute. You’ll also find her enjoying the outdoors -- camping and biking – as well as expressing her creative side with ceramics and wood crafts.

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