Pros and Cons of 1099 versus withholding
Other than the most obvious, what are the pros and cons of 1099 versus the company withholding taxes on a workkamper position?
Forum Discussion
Mandalay Parr wrote:
1099 for non employees. W2 for employees. Withholding on either one.
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Guess again. The vast majority of employers attempting to illegally classify employees as independent contractors do so to specifically avoid things like witholding. If you are an independent contractor you get a 1099 for the amount you are paid to do a job, it's not the payer's responsibility to withhold your taxes.
