In a 500-750 word paper, apply what you have learned about the distinctions between employees and independent contractors to the scenario by discussing the following. Provide an explanation of why it is important to know the distinctions between employees and independent contractors when operating a business. Discuss the key factors for determining Joan's employee classification using the concepts that have been presented so far in the course and your own research relevant to the scenario. Using the rules for distinguishing between employee and independent contractor, discuss whether Joan's designation as an independent contractor was correct, and justify your designation by citing laws and federal regulations.