Use the search button this is a worn out topic been discussed more times than I can count.
1099 or W2
Discussion in 'Trucker Taxes and Truck Financing' started by blue1005, Oct 16, 2019.
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If a company pays you as a W2 employee they also have to pay FICA, FUTA and SUTA taxes. They also must pay for worker compensation which can be very expensive. If they pay you as 1099 then they avoid all those liabilities. The IRS has very specific rules for each industry as to who must be paid in what way. It's not something an employer can just choose.
whosfate Thanks this. -
Trucking Jobs in 30 seconds
Every month 400 people find a job with the help of TruckersReport.
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