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

BMT Office Administration

Forms such as IRS Form W-2 and IRS Form 1099 need to be sent out by the end of January. Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. A W-2 is a tax form that businesses send to their employees as well as the government. What is a W-2? What is a 1099?

Payroll 52
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Business and IT - Adversaries or Partners?

Small Business CEO

Watch for some of these warning situations: • Everyone knows HR cuts payroll checks, and finance pays vendors. Form a prioritization committee comprised of IT management and business leaders. A poor relationship with IT can be extremely detrimental to the efficiency, productivity and cost-effectiveness of your organization.

Payroll 40