W-2 vs. 1099: How Do They Affect Payroll Tax Liabilities?

Imagine you just hired someone to join your company. But you aren't sure if they're an employee or an independent contractor. Knowing how to compare W-2 vs. 1099 employees is crucial when hiring people. That way, you can take on the right amount of tax liability and manage payroll correctly. Keep reading to learn how these types of workers affect your payroll tax liability. Employee Classifications Classifying employees correctly can affect your payroll tax liability, and it can affect what you offer…

Continue ReadingW-2 vs. 1099: How Do They Affect Payroll Tax Liabilities?

End of content

No more pages to load