IT and Business Insights for SMB Solution Providers

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W-2 vs. 1099 Reference Guide

By Work Market

As more companies begin using independent contractors, they’ll need to take steps to ensure they remain compliant with local, state and federal regulations regarding the classification of their workforce. Those that don’t risk being penalized with fines from the IRS and other regulatory bodies.

Here’s a quick guide to help determine whether your worker should be classified as a 1099 contractor or W-2 employee.

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