Tags: 1099, Contractors, Payroll, W-2
Payroll is a big deal! You gotta pay yourself, you gotta pay your employees, and you gotta pay your contractors! The problem here is that Payroll can be a bit of a pain for many people.
When doing payroll depending on if you have W-2 employees or 1099 contractors, the situation changes. If you're a one man army, you're a W-2 employee because you just can't be a contractor for your own company.
Here are just a few items you have to keep in mind when doing payroll for a W-2 employee and keep the IRS agents happy.