The Best Software Qualities for Payroll 1099 Workers
Employers and business owners may find themselves at a crossroads when selecting payroll 1099 software. It may also feel complicated if your company primarily hires independent 1099 contractors. Employers need to know which software to use when they pay their 1099 workers. Our payroll software at Advanced Micro Solutions fits many needs for the employers […]
Is it legal to email W-2 to Employees?
Is it legal to email W-2 forms? The short answer: no. The IRS does not reference email as a secure and legal way to distribute tax and wage forms. These forms, typically W-2 or 1099, can be delivered electronically via a payment portal, or mailed as hard copies to the employee. Let’s break down what […]
The Difference Between Independent Contractor 1099 vs W2
As an employer or business owner, it is important to know the distinction between employees and independent contractors. When hiring an independent contractor 1099 vs w2, there are a number of guidelines to follow. You will especially notice the differences during tax filing season. So, you should familiarize yourself with certain workplace scenarios. Knowing these […]
How to Switch From 1099 to W2 Employee
All business owners need to consider the type of workers they hire at some point. Sometimes it is even relevant to return to that question: Should I hire a contractor or an employee? There are significant differences in independent contractors versus full-time employees. You may now be wondering how to switch from 1099 to w2 […]
Learning How to File Taxes with a 1099 and W2 Worker
As a business owner, tax season comes with responsibilities. There are many guidelines to follow each year. The first thing to know is how to file taxes with a 1099 and w2 worker. The instructions for distributing and filing the forms differ for 1099 independent contractors and W2 employees. For your ease, we compiled what […]
Why Your Company Needs Supportive Tax Software for Independent Contractors and Employees
Tax software should support a range of tax forms. Your company might need a 1099 form for an independent contractor, W2 form for an employee, or even payroll maintenance. The key to choosing the best software often comes from a deeper understanding of the tax forms you, as an employer, must provide to workers. The […]
Everything You Should Know About Worker Classification: IRS 1099 vs W-2
As of July 2017, the IRS released a helpful overview and reminder to small businesses about the importance of classifying IRS 1099 vs W-2 workers. This overview provides updates to the employee vs. independent contractor designation, which can be thought of in terms of IRS 1099 vs W-2 designation. Employers are required to engage in […]
Is a W2 the Same as a 1099?
Since employers will likely hire different types of employees, it is important for them to know is a W2 the same as a 1099 to file the correct income forms. Both serve a similar function, but they have key differences. We will cover the difference and explain how a tax software can help you file […]
Is 1099 Better Than W2?
As an employer, you may want to know is 1099 better than W2. You will have to file at least one of the two income tax forms, but it’s more likely you will have to file a combination of the two. Both the 1099 and the W2 have pros and cons. Before answering is 1099 […]
How Payroll System Works with a Software Tool
Knowing how payroll system works is essential for any business to make sure you pay your employees the right amount and on time. Some businesses might have the resources to have a designated payroll employee who manages time cards and payments. However, business owners are sometimes stretched thin and have to handle payroll services. In […]