Generate a full detail guide on the difference between an employee and an independent contractor. The guide must be focused on legal compliance. It should include detailed sections on: 1. The significant financial and legal risks of misclassification. 2. A breakdown of the IRS 'Three Factor Test' (Behavioral Control, Financial Control, Relationship of the Parties). 3. A checklist of questions to help a business owner assess a worker's status. 4. The importance of having a solid independent contractor agreement. Please include a very strong disclaimer that this is not legal advice and a lawyer should be consulted.