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Tag: 1099

1099 and W2 employee

What are 1099 and W2 employees?

As a small business owner, it’s more important than ever to understand the intricacies of employment types. The two most common employee classifications are W2 employees (traditional employees) and 1099 contractors (those who may work for other employers throughout the year).  Recent statistics show that independent contractors, a group predominantly

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Bookkeeping Mistakes to Avoid

To ensure success for your business, establishing proper accounting practices is a must. Whether a small business of 5 employees or a growing company of over 1000 employees, the basic accounting principles for every business are the same. Avoiding mistakes in your accounting and bookkeeping system improves financial heath and

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