1099 vs W-2: The difference between employees and contractors
BMT Office Administration
NOVEMBER 16, 2022
You will notice that the IRS publication PDF of the form has several copies. Wages of up to $147,0000 are subject to social security taxes for tax year 2022. Medical and health care payments. Businesses also don’t need to provide benefits like health insurance, retirement plans, or workers’ compensation to 1099 staff.
52 
Let's personalize your content