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

BMT Office Administration

Both forms provide end-of-year compensation information that employees and contractors need for tax purposes. Is the worker treated as a supplemental resource to the business’ internal staff or are they working alongside them during similar hours and on similar projects? What information needs to be included on form 1099 NEC?

Payroll 52
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Business and IT - Adversaries or Partners?

Small Business CEO

Does your company’s Information Technology area act more like competitors rather than partners with the business? Watch for some of these warning situations: • Everyone knows HR cuts payroll checks, and finance pays vendors. . • Tags: Information Technology business communication technology.

Payroll 40
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Three Tips - Preparing for Economic Recovery

Small Business CEO

Others enter the data into payroll, into project tracking systems and then again into client billing systems. If information is missing or unreadable, the referring physician is called. Patient and order information are then entered into the lab system. A lab order is faxed in. Then a coordinator searches for the patient.

Fax 40
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Control Expenses – Automate Process Through Workflow Software

Small Business CEO

Having the information online reduces turnaround time for approvals and can reassure a customer by showing where his application is in the process. Internal processes. How many of you find that new employees don’t get equipment or security access on time, are missing their name plate or aren’t set up in payroll?