starting payroll

Discussion in 'Business Operations' started by stevenf, Aug 12, 2010.

  1. stevenf

    stevenf LawnSite Bronze Member
    Posts: 1,612

    Interested in hiring a part timer. Do most of you pay with a w9 or do you 1099 them? Which do you think is better/easier and why?
     
  2. Roger

    Roger LawnSite Fanatic
    Posts: 5,916

    If you are hiring as an employee, then 1099 is not appropriate. If you are hiring as an independent contractor, then the 1099 route is the right path.

    "Better/easier" is not the question. What is right for your situation is at the heart of the matter. Most likely, you are wanting to hire an employee on a part-time basis. If that is the case, then using a 1099 is not possible. The terms for an IC are pretty tight.

    Do a search in the business section. There are many threads on this topic. If there is still is a question, then talk with your accountant. The IRS penalties are significant.
     
  3. AI Inc

    AI Inc LawnSite Fanatic
    Posts: 25,160

    what he said.
     
  4. bohiaa

    bohiaa LawnSite Fanatic
    Posts: 5,220

    yea, when I read this post, I thought, ARE you sure your ready for an employee?

    sounds like you need a tax person to talk to.....

    and I think you still need help in this area....

    Forget hireing a helper. GO hire a tax man....

    trust me. if you 1099 someone. you CAN LOOSE YOUR BUSINESS, and possabely your home
     

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