Should I Do 1099 or W2, Answered

As tax season arrives, you are likely asking yourself, “Should I do 1099 or W2 for my employees?” Employers face this question frequently and sometimes have a hard time remembering which form is appropriate for which type of employee. The IRS has consequences for those who misclassify workers. To protect yourself from potential consequences, read […]

Steps for Switching Employees from W2 to 1099

Properly classifying employees is important for payroll tax filing, so knowing the steps for switching employees from W2 to 1099 will help ensure you complete the transfer correctly. W2 and 1099 employees are different, but not everyone knows that distinction. Employers are responsible for filing the right tax forms and payroll taxes for each type […]

Which Small Business Payroll Forms Matter Most

As a business owner, using small business payroll forms allows you to collect and report crucial payroll information. However, using these forms also means familiarizing yourself with what they all mean and when you must file them. Before you create your first small business, you should know that tax season does not only revolve around […]

How to Avoid Self Employed W2 or 1099 Tax Mistakes

When you file self employed w2 or 1099 forms, you need to make sure you know the guidelines. When it comes to taxes, the most expensive fees you could pay could be from your unintended mistakes. Avoid the following common tax errors to keep yourself in good standing – and in the black.     […]

How to Use Self Employed Payroll Software

As a new business owner, you may feel some pressure while trying to navigate self employed payroll software rules. How you pay yourself as the owner of a company depends on which of the business structures you select. You will also determine your payment method by the stage of growth of your business. Your first […]

What are the Self Employed 1099 or W2 Filing Guidelines?

When tax season rolls around, everyone needs to know the self employed 1099 or w2 requirements. Like with everything, the Internal Revenue Service has strict guidelines concerning self employed workers. Knowing the self employed guidelines is perhaps more crucial now than ever before. In the third quarter of 2020, we saw self employment skyrocket to […]

Payroll vs 1099 Workers: Who Should You Hire?

All employers have to decide whether to hire payroll vs 1099 workers. Hiring either type of worker comes with its own pros and cons. For certain businesses, hiring 1099 workers will enable you to contract your work to people around the country. However, if you want to hire in-person employees, you should hire people who […]

Payroll Tax Penalties Small Business Owners Should Avoid

Small business owners might think it’s easy to avoid accruing any payroll tax penalties. However, you will find quickly that businesses of all sizes frequently make avoidable payroll errors. If you run a small business, these mistakes can significantly affect your finances. They may even put the future of your company in jeopardy. You cannot […]

Payroll Software Helps Avoid Payroll Tax Late Payments

Many businesses make payroll mistakes, resulting in payroll tax late payments. The IRS has strict deadlines for payroll-related processes, so businesses must submit their taxes on time. A payroll software can be a great organizational tool to help businesses owners submit payroll taxes on time and with accuracy. AMS provides a quality payroll software to […]

Common Payroll Tax Mistakes and How a Payroll Software Reduces Errors

If you are a small business owner responsible for completing payroll, you may have made your share of payroll tax mistakes. Payroll takes careful attention and a certain degree of expertise to avoid mistakes. However, the right payroll software can make the process more manageable for business owners. AMS payroll software is a great investment […]