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If you’re an employee, you’ll receive a W-2. And if you’re an independent contractor, you’d receive a 1099 form. Likely, you might be one of the many tax filers who have some questions ...
Take full advantage of the tax code and set yourself up for success with these five small-business tax tips for beginners.
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Under30CEO on MSNW9 vs 1099 Tax Forms: What Small Businesses Need to KnowA 1099 form is used by the business to report ... If I mistakenly classify an employee as a contractor, I might face: Back ...
First, he filled out a W-9 so he could be sent a tax form as a contractor, rather than a W-4 for employees, which helps companies determine how much tax to withhold from a worker’s paycheck.
Beyond standard tax paperwork like W-2s or 1099s, there might be other forms you need to collect. The sooner you finish your taxes, the sooner you’ll receive your tax refund, if you have one coming.
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