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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

While individuals have until April 18, 2023, to file their personal income taxes, businesses have to start thinking about tax requirements a bit sooner. Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. A 1099 is a form used to report non- employee compensation. What is a W-2?

Payroll 52
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Employee Monitoring: How to (and not to) track employee productivity

BMT Office Administration

Before 2020, employee monitoring in a traditional office environment was pretty straightforward. Yet, the COVID-19 pandemic of 2020 threw a wrench into this tried and true system for most companies. As early as May 2020, one-third of all employees began working from home. The history of employee monitoring’s various forms.

Filing 52
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Joshua Jahani – Managing director of Jahani and Associates | Maximizing Your Financial Potential in the Future of Work

Allwork

I’m dealing with a company right now that has all heavy equipment that does landscaping not landscaping, but does foundation creation and everything for large, massive things, earth Movers, that sort of thing. They run all of that equipment remotely without people now, just like they run drones. My goodness.