From ride-sharing apps to the rise of mobile delivery services, many Americans have turned to the gig economy to earn extra money. Currently, 36% of employed individuals are independent workers, and ...

There are two main types of workers when it comes to income taxes — 1099 contractors and W-2 employees. While W-2 employees are considered direct employees of a business, 1099 employees typically ...

A W2 is a tax form issued to employees who earned more than $600 for the year by their employers after the conclusion of every calendar year. It reports the employee’s wages, commissions, tips and ...

Why It’s Crucial to Classify Your Employees Correctly (1099 Contractors vs. W-2 Employees) Your email has been sent Understand the key differences between 1099 contractors and W-2 employees to ...