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Learn the difference between a 1099 vs. W2 employee so you can keep your business in the clear. The difference between 1099 vs. W2 workers can confuse a lot of small business owners. However, the distinction is an important one—for both the worker and your business. Not knowing how to properly classify a worker can result in serious financial and legal consequences. For our complete guide, visit:
Our video covers:
What is a W2 employee? (0:41)
What is a 1099 worker? (1:11)
Costs of 1099 vs. W2 employees (1:34)
How to classify your workers (2:21)
Consequences of misclassification (5:31)
Which should you hire: W2 or 1099 (7:29)
In this video, we provide a basic overview of the differences between 1099 vs. W-2 workers. This video is not intended to provide legal advice or to form a professional relationship. We suggest contacting a business lawyer for advice specific to your circumstances.
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