W2 vs. 1099

So what is the difference between an employee and a contractor? Well for one, an employee either works part-time or full-time under the direction/control of an employer. Second, there are affected by payroll liabilities and taxes such as Federal Withholding, Federal Unemployment Insurance, State Unemployment, Medicare, and Social Security tax. A W2 form, which is … Continue reading W2 vs. 1099