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

BMT Office Administration

Examples of nonemployees are contract workers, freelancers, or sole proprietors that you have done business with. Does the business provide all necessary tools or equipment or does the worker provide their own tools? Employers also need to report and deposit payroll taxes to the internal revenue service (IRS) every quarter.

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Standard Operating Procedures: Tips for Creating Business Systems | Office Organization & Office Efficiency | OfficeArrow

www.officearrow.com

Thats especially important for tasks that you handle less frequently - quarterly or annually, for example - or for when youve just come back from a long absence or vacation. They ensure consistency of work results by creating a step-by-step process (a road map, if you will) of your responsibilities so that you are more productive.

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My thoughts on the multi-VA model

Virtual Moxie

Legally, and with lower risk, it could profitably be run with employees. Bit O’Moxie : Look…if you’re going to set up a multi-VA firm, do it legally and minimize your risk. and do it legally. I have also coached other VAs to (legally) create a successful 6-figure VA business. I also run a multi-VA firm and do it legally.

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