1099 vs W-2: The difference between employees and contractors
BMT Office Administration
NOVEMBER 16, 2022
Employees need this document in order to file their personal income taxes each year. 1099 workers also are not generally paid through regular payroll and do not typically have taxes withheld from their checks or deposits. Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter.
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