1099 vs W2: How Should You Pay Your Employees?

1099 vs W2: How Should You Pay Your Employees?

LYFE Accounting

3 года назад

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@princessp1361
@princessp1361 - 22.12.2023 17:23

Yes I love to educate myself ❤ great video

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@user-xb8xm4vt7r
@user-xb8xm4vt7r - 12.11.2023 19:00

the pace of your speech, power point outline of key points and the simplicity of your explanation is fantastic.

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@mellender0
@mellender0 - 12.10.2023 16:02

Funny because the w2 is to be filled out by those evolved in "TRADE OR BUSINESS". Definition, Performance of the functions of public office "
Learn thee legal terms.

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@music7774life
@music7774life - 30.07.2023 18:38

1. Do you have to have a license to qualify as a 1099?

2. Do employers have to have workman's comp for 1099 independent contractors?

3. Is 1099 considered employee or independent contractor?

4. How to Hire a 1099 independent contractor ? Documents needed and a list of process?

5. Can the 1099 IC work in the same building as the employer ?


(California Laws)

(Trade: Warehouse work and Manufacturing)

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@music7774life
@music7774life - 23.07.2023 07:54

Do you have to provide workman's comp for 1099 employee

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@1lesliebrennan
@1lesliebrennan - 26.06.2023 17:20

Good video what's the music in the intro?

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@christinajones7319
@christinajones7319 - 19.06.2023 10:19

Ty

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@user-sl3bx6gj3
@user-sl3bx6gj3 - 07.06.2023 17:13

incredibly helpful. well done, sir.

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@ThermalSolutionsHVACR
@ThermalSolutionsHVACR - 04.06.2023 06:26

All the contracting companies I worked for payed me as a independent contractor.. when in reality I was sn EMPLOYEE.. now as a business owner, I will do the same, of course,in attempt to keep overhead at minimun as possible

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@ephriam-house
@ephriam-house - 02.06.2023 17:02

This was extremely helpful. Question, who did your video editing????

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@syebethel
@syebethel - 24.05.2023 14:20

Hourly or sourly? Weekly or very weakly? 😅😅

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@PatrickDcoldest
@PatrickDcoldest - 04.05.2023 19:06

Quick question! I have a trucking company, I own the truck and trailer but my driver drives on his time and it’s flexible. All he does is car hauling so I want to die a independent contractor plus he has his own LLC I pay his check to

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@prt5881
@prt5881 - 30.04.2023 06:09

I would like to know what are the financial / tax pros and cons of me hiring a W2 vs contracting a 1099?

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@WESTBELLFORT713
@WESTBELLFORT713 - 24.04.2023 16:55

The company that I got hired with they want me to fill out a w9 tax form . I’m not the owner of the company . I just work a hourly

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@ghoetzinjal2660
@ghoetzinjal2660 - 28.03.2023 02:05

Is there a book where I can read about all this?

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@aligregi9106
@aligregi9106 - 26.02.2023 20:52

what would you say about hirering a pool guy for 2 days a week?

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@robwilburn3088
@robwilburn3088 - 06.01.2023 21:43

as a current w2 contractor I would never work for anyone that did a C2C or 1099 it's the biggest con in the game...

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@SPK940
@SPK940 - 28.11.2022 04:07

awesome vid

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@karim-Merahi
@karim-Merahi - 20.11.2022 12:36

Good Video, Nice Advices

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@shawnfrancis2459
@shawnfrancis2459 - 10.11.2022 01:43

52/hr on W2 or 55/hr on 1099. which is better and how?

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@kingreyes7917
@kingreyes7917 - 29.10.2022 08:40

Rich vs poor mindset 🤓

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@kggopro904
@kggopro904 - 14.10.2022 11:38

Very informative and the presentation was excellent! Thank you.

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@karenoliver1334
@karenoliver1334 - 11.10.2022 19:03

I love how detailed this video. Its an enlightenment. Thank you

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@repa2919
@repa2919 - 11.10.2022 06:17

thanks

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@Cantrell5051
@Cantrell5051 - 23.09.2022 02:37

Great video! Thanks man!!

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@santaniebrown3721
@santaniebrown3721 - 19.08.2022 20:50

Half way in, excellent video!! 🙏👏

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@BarsUpEntertainment
@BarsUpEntertainment - 10.08.2022 08:04

This video was really helpful! What about taxes for the employer? What’s the difference of each?

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@joshais1654
@joshais1654 - 29.07.2022 02:32

Ok if a w2 worker don’t use nun of the benefits a employer offer can they switch over to the 1099 or W8-Ben

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@kokallan
@kokallan - 16.06.2022 20:53

Get to the point already!

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@sustanciagaming5973
@sustanciagaming5973 - 12.05.2022 22:11

So basically theres no benefit to having W2 employees. Only higher expenses.

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@galaxyabstractancestraltri7046
@galaxyabstractancestraltri7046 - 07.05.2022 01:44

Thank you so much 💓 I love learning from you

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@scrappychildhood6633
@scrappychildhood6633 - 06.05.2022 00:35

Not all W-2 employee. Some Start off as W-2 and become there own boss eventually. AKA Transtion period.

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@scrappychildhood6633
@scrappychildhood6633 - 06.05.2022 00:19

I am colored person, mentally challanged like 1099 because I get 9600 tax deducation and 15k tax credit for transporation cost(uber,lyft,ECT)

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@smoovaboxingllcga5460
@smoovaboxingllcga5460 - 24.04.2022 01:25

I’m self employed personal trainer so I’m the owner and the worker but I want taxes taken out like a regular worker so I don’t have to deal with it at the end of the year! What are my options?

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@justicek.foster2160
@justicek.foster2160 - 29.03.2022 04:05

loved it!

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@Steelersgurl
@Steelersgurl - 27.02.2022 04:49

if we use w-2 ...do you really have to pay for health insurance for your employees? if its a small business?

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@lorettaasata5940
@lorettaasata5940 - 04.02.2022 19:38

Amazing and great examples. Thanks so much.

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@scientist100
@scientist100 - 04.01.2022 05:27

Sceneario:
1. Be at the work site from 9am to 6pm - 5 days a week.
2. No overtime if over 40 hours per week.
3. No paid PTO.
4. Clock in using ADP & get paid hourly.
Is this a W2 or 1099-NEC?
Did I mention no paid holidays?

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@superstarvonhouston1
@superstarvonhouston1 - 05.08.2021 19:41

I support you bro 💪🏽

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@matalebtube4900
@matalebtube4900 - 29.06.2021 00:37

I have a company and I have foreign employees and I pay them per month $3000 in total, just wanted to know if there was a way for me to use it in Tax deduction? please help

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@lcmlcm2460
@lcmlcm2460 - 21.06.2021 00:41

Good video

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@itsdetroitjai
@itsdetroitjai - 13.06.2021 21:41

It was the W2 joke for me. 🤦🏽‍♀️😂

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@Bossstyles
@Bossstyles - 23.12.2020 12:51

Great advice man. Thanks!

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@indahood3991
@indahood3991 - 09.11.2020 16:00

Love the videos man! Question, I’m going to start a service based business in auto detailing. Would 1099 be the best way to go about it? Then as business grows translation into w2

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