What is the W2 W9 Difference?

The main W-2 W-9 difference is that employers file the tax documents for different categories of workers. Employers file Form W-2 for employees, and contracted workers fill out and provide employers with Form W-9. Knowing when to provide your workers with essential documents matters regardless of the time of year.     Both tax forms […]

The Main Differences Between W-2 vs C2C

W-2 vs C2C paperwork have notable differences. Employers provide Form W-2, the Wage and Tax Statement, to employees each year. Employers must send the statement to employees and the Internal Revenue Service. A Corporation-to-Corporation (C2C) contract works differently than a W-2. The contract enables two corporations to interact with each other when making new hiring […]

When Small Businesses Need Form W2 vs W9 vs 1099

Every small business owner needs to know the difference between Form w2 vs w9 vs 1099. All businesses will use each of these tax forms at some point throughout the year if they hire both employees and independent contractors. However, each form serves a different purpose. As a result, make sure that you know when […]

Does Weekly Payroll Make Sense for My Business?

Determining if your company should run weekly payroll may feel complicated. For some small businesses, every decision that make can feel like a big one. As you arrange your company’s payroll schedule, consider certain important factors. These factors will include payroll cost, taxes and benefits, employee attitude, and Department of Labor regulations. Above all else, […]

What Does Contract W2 Mean for Small Businesses?

As a new business owner, you may wonder: What does contract w2 mean for a job position? Employers often hire W2 and 1099 workers. Even so, employers onboard a W2 contract worker into the workspace in a different manner. A temporary contract W2 is a hybrid document – somewhere between an employment contract and an […]

Finding the Best Affordable Payroll Software for Small Businesses

Running payroll can feel burdensome if you do not have affordable payroll software for small businesses. You, like other small business owners, have likely wondered the following: What forms do I need to distribute? What are the state and local regulations? What penalties should I know about? These questions can lead to your company stalling […]

Basic Payroll Tools for Small Businesses

It can take hours of your time to run essential accounting tasks if you do not have the basic payroll tools. For accounting specialists, spending time on payroll is part of the job description. However, anyone who runs a small business knows that workers can have many responsibilities. Rather than outsourcing for payroll, your business […]

When to File a W-2 Versus 1099 for Your Employees

Employers should have a handle on the difference between W-2 versus 1099-NEC to make sure you accurately file the right income reporting form for your employees. Within a year, you are likely to hire a variety of workers, including employees on your payroll and independent contractors. As a result, you should know how to file […]

What is the W2 vs 1099 Tax Difference?

If you want to start a new business, spend time learning about the W2 vs 1099 tax difference. As an employer, making sure that you hire the right people will determine your company’s success. It might involve hiring full-time or part-time employees. Other times, you may look to hire some independent contractors. Your business will […]

When to Use Form W2 Versus W4

Knowing when to use Form W2 versus W4 is important for businesses of any size. You and your staff should understand the situations in which each form is necessary. For example, you should use Form W-4 to provide information about tax withholdings. These withholdings come from employees’ paychecks. Conversely, employers submit Form W-2 to report […]