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
In MI if you are a self employed individual paid on a 1099, you must provide your own liability and wc coverages for yourself. You can satisfy this requirement thru a state run high risk pool that does not actually provide you the owner with any coverage, but does provide you with a cert of ins so you can bid and get a job. At the end of a year, all but admin fees are returned unless you yourself had employees that were injured and filed claims. Not every state is the same.
