Note: This video can help with all your payroll forms and tax filing related question. Whether it’s questions regarding the 1099 form, W2 form, W4 form, or W9 form!

Welcome to Wyco-ffee break, where we give you tips and tricks to all Tax, Payroll, Bookkeeping, PPP, and EIDL Loans.

The first thing you need to remember is, the W2 form goes with the W4, and your 1099 form goes with the W9 form.

Furthermore, you need to remember that W4 forms are reserved for employees. Regardless of it being full-time or part-time, W4 establishes the fact that you, as an employer, are paying a percentage of your employee’s payroll taxes. Moreover, the employee needs to fill the form as well, to establish how much tax are they going to contribute per paycheck. At the end of the year, the employer will issue a W2 form.

On the other hand, the W9 form establishes your agreement with the independent contractors/freelancers or whether it’s your attorney, accountant, graphic designer, etc. At the end of the year, you will issue such people a 1099 form. The 1099 form just states that whatever total amount the individuals received from you, they will be the ones responsible for paying taxes on that and not you!

Again - W2 goes with W4
&
W9 goes with 1099.

If you want to know more, feel free to contact us today with the links provided below.

Thank you for watching. Please consider clicking the like button and sharing this video. Because at Wycotax - you deserve the max!

Click on the link below, and book your FREE consultation TODAY!
[ Ссылка ]

Have peace of mind knowing your books are up-to-date! Set up your Quickbooks TODAY!
[ Ссылка ]

Do you have legal issues or contracts for reviews? Get access TODAY!
[ Ссылка ]

Download our FREE PDF for Tax & bookkeeping tips NOW!
[ Ссылка ]

Share & subscribe TODAY!

Are you a business owner who would like to access free money & more tax credits? Join our private business group NOW!:
[ Ссылка ]

Do you want to be part of an economic and recession-proof business? Be our strategic partner TODAY! Look for Angie.
[ Ссылка ]

Having trouble with your business taxes, books & payroll? Click the link Below!
[ Ссылка ]

Get up close and personal! Connect with our immigrant CEO!
[ Ссылка ]

Hit subscribe TODAY! =)

Disclaimer: This material has been prepared for informational purposes only and is not intended to provide and should not be relied on for tax, legal, and accounting advice.

свернуть