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1099 vs W-2: which should you hire? Get the verdict first, then a fair, fast breakdown of taxes, cost, control, and benefits. Classifying a worker as a 1099 contractor or a W-2 employee is one of the biggest calls a small business makes. This 2-minute guide compares 1099 vs W-2 on the dimensions that matter: tax withholding and the 15.3% self-employment tax, cost to your business, control and autonomy, benefits, and who each option is right for, plus the misclassification risks. 0:00 - Introduction to worker classification 0:16 - Bottom line summary 0:40 - Financial differences 1:19 - Control and trade-offs 1:56 - How to choose 2:23 - Risks and solution Read the full guide: intuit.me/4wOnEm3 See how QuickBooks Payroll runs 1099 and W-2 workers in one place: intuit.me/3T3KqYq This video is general information, not legal or tax advice. #1099vsW2 #SmallBusiness #Payroll Subscribe to our YouTube channel: intuit.me/3bOj0M2 Visit QuickBooks.com: intuit.me...

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