You must withhold taxes on employee wages. But what if you need to pay an independent contractor? Know the difference between W-9 vs W-4.| Patriot Software
Nonemployee compensation is the money you pay to independent contractors. Learn how to classify workers and report nonemployee compensation.| Patriot Software
Find out what is backup withholding, who is subject to it, who is exempt, and what business owners need to do.| Patriot Software
Business owners that report nonemployee compensation must use the revived Form 1099-NEC. Learn about your Form 1099-NEC responsibilities.| Patriot Software
If you hire independent contractors, have them fill out Form W-9. Check out this article to learn what is IRS Form W-9.| Patriot Software